What’s Citibank good for these days? Our office is few blocks from Wall St, the financial capital of the world, and Citibank closes its branches at 4pm! I am absolutely amazed at the audacity.

I still like to do business late, and deposit things later. How can you close at 4pm?  Just over that issue I was meaning to switch all my accounts to a place like HSBC, which at least keeps it open until 5 at some places, or even later on some days. It’s just such a pain to switch 3 corporations (going on 4) and a personal account.

At least Citibank pleased me recently for a change with a free loan. Well, technically it was a typo. I went to deposit $17,000 of checks. Later when I sync my data online I see $27,000 was actually deposited. Looking into it I saw that the clerk made a simple typo during the deposit. It’s been about 2 months now and Citibank has not taken out their extra $10k from me -  thanks for the free loan in the meantime guys.

This reminds me years ago I had a big deposit from somewhere go into my personal account, I think it was someone’s mortgage downpayment went wrong. A few weeks later the thousands of dollars just poof, and disappeared back. Citibank didn’t call, didn’t apologize for the confusion, didn’t send a letter. What happens to other folks who aren’t as responsible and actually go and spend that accidental money?