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I actually own BAC and MI, my sweetheart owns C, and my Mom owns both BAC and C.

If I were looking to buy shares in a bank today, I might consider Wells Fargo WFC. Have you considered them? Where do they stand on the complaint list?

I keep spreadsheet info for 30 U.S. banks and S&Ls - a subset of those covered by Value Line. My spreadsheet likes WFC over BBT, but I have to admit that it is not by much... BBT would be a good choice today.

BAC is not a bad choice either today, by the way. It rates just a little behind WFC and BBT. To BAC's credit, Value Line expects them to grow dividends faster than the other two (9.5% vs 8% for BBT and 7.5% for WFC). If dividend growth is very important to you, then BAC may be the best choice. My spreadsheet gives the nod to WFC primarily based on where WFC's price stands today versus where Value Line expects the prices to be 3-5 years from now.

I don't personally put too much stock in complaints. I would put even less stock in it where the banks are regional, as patterns of complaining may not be uniform across regions. Not that I would go out on a limb and describe any region of our fair country as having more than their share of complainers... ;-)

Best wishes,
DB Bob
Peace on Earth
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