I almost opened an account with B of A, and am glad I didn't. I was in a town where you had three choices: B of A, Wells Fargo, or one of several local banks. Wells Fargo apparently takes great pride in nickel and diming you to death with fees, so I didn't go with them. B of A, contrary to what they told me over the phone, wouldn't release my initial deposit for over a week even though it was from the local government's Wells Fargo account. Found a better local bank and have been quite happy with them ever since.

Unfortunately we sometimes have little choice where our loans end up. I heard a financial analyst did a study of exactly who owned his home mortgage, and because of the slicing and dicing that's been going on over the past decade, it was a stultifyingly big chart.