{"id":158,"date":"2012-09-25T19:41:22","date_gmt":"2012-09-25T23:41:22","guid":{"rendered":"http:\/\/blog.signalsguru.net\/?p=158"},"modified":"2012-09-25T19:41:22","modified_gmt":"2012-09-25T23:41:22","slug":"trust-account","status":"publish","type":"post","link":"http:\/\/blog.signalsguru.net\/archives\/158","title":{"rendered":"Trust Account"},"content":{"rendered":"
I store my tenants’ deposits in a trust account with Wells Fargo as required by law. It’s really just a checking account. They told me there is no difference between a regular account and a trust account. But then they decided to start charging fees on all their accounts. They would not make an exception for trust accounts. However, I was told they would lower the minimum account balance to avoid the fee to $700 on my account.<\/p>\n
Then several weeks later, $7 suddenly comes out of that account. I yelled at them; they replaced the money, but now I have to find another bank. Rats.<\/p>\n","protected":false},"excerpt":{"rendered":"
I store my tenants’ deposits in a trust account with Wells Fargo as required by law. It’s really just a checking account. They told me there is no difference between a regular account and a trust account. But then they decided to start charging fees on all their accounts. They would not make an exception …<\/p>\n