I have had a business Cash Flow Manager for years with US Bank. I depend on it for the running of my business month to month. I have never been late, I have never had a problem, and it is set up for automatic payments for periods of no activity. US Bank closed the account out of the blue, telling me that it was scheduled to close after a number of years. That is a lie. It was a credit line, not an equity line. They refused to open the account back up. They want me to open a new one, re-qualify with all the paperwork, tax returns, and all that nonesense, like I never did business with them before. I am insulted, inconvenienced, and I am looking for a new bank to move over all my accounts.

With a Cash Flow Account, you put a large percentage of your business income through the account and pay bills out of the account. You might have a 25, 000 credit balance if you invested in your business, or if cash flow was slow one month, and you might have a 0.00 balance as your cash flow catches up and clears it out. Your balance flows up and down. It makes your business income "flow" smoother. I had just deposited quite a bit of business income into that account, thinking I could tap it when needed. You can see how a move like this from US Bank can really jam up your business. This isn't the first time they've screwed up with me, but it is certainly the last.

I highly recommend taking your money another bank. US Bank doesn't give you pertinent information up front, they don't follow through with what they say they will do, they will fee you to death over their own mistakes, and then after 15 years they'll treat you like you just walked in the door. They can kiss my ass.