Financial commentator Seth Godwin recently shared his views on the 3 worst banks in the US.
Chase, Wells Fargo, Bank of America, Worst Banks In The US: A Financial Expert’s Perspective| American Banker
Godwin’s TikTok video on the 3 worst banks in the US gained over 5.1 million views.
Godwin highlighted the importance of choosing the right bank and criticized the misleading advertisements and complex wording used by worst banks in the United States.
He mentioned Chase as one of the worst banks in the US, citing controversies and high fees, but acknowledged their credit cards and Chase Private Client as positives.
Godwin also mentioned Wells Fargo as one of the 3 worst banks in the US for their history of fraudulent accounts and over $4 billion worth of fines.
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Godwin’s harshest criticism was for Bank of America as one of the worst banks in the US, pointing out their $16.65 billion civil settlement.
Commenters expressed their surprise and frustrations with these ‘worst banks in the US’ and agreed on the need for consumers to be informed when choosing financial institutions.
The Daily Dot reached out to Godwin and the mentioned banks on the commentator’s video regarding the worst banks in the US, for comment.
In a LinkedIn article, Wells Fargo and the Bank of America were also listed in the list of worst banks in the US with Wells Fargo ranking 1st and the Bank of America ranking 3rd.
