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Bank of America Tells McMillan Group to Find Another Banker
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<blockquote data-quote="ELR Researcher" data-source="post: 644168" data-attributes="member: 19541"><p>As suggested by another forum member, I did some quick research on "Cabela's Bank", known officially as World's Foremost Bank (WFB).</p><p> </p><p>Here is a link to their site (the only site I could find for them when I did a Google search on the company name) - <a href="https://www.wfbcds.com/index.jsp" target="_blank">https://www.wfbcds.com/index.jsp</a> Frankly, a very unimpressive site - but it says they had almost $3 billion in assets at the end on 2010. [No more recent info posted.]</p><p> </p><p>Here's a link from CNN Money about some failrly recent problems they had with the FDIC - <a href="http://finance.fortune.cnn.com/2011/03/08/worlds-foremost-credit-card-ripoff/" target="_blank">World's foremost credit card ripoff: update - Street Sweep: Fortune's Wall Street Blog Term Sheet</a> - no comment beyond it was significant enough to hit CNN Money.</p><p> </p><p>I found nothing to suggest they are owned by a third party, but their site has no ownership or history info, so, without some funded research - done by others, I have no idea whether the info posted on their site is accurate or current. [I also have no idea why no "more corporate looking" site appears for a company with $3B in assets - very closely held or?]</p><p> </p><p>In any case, just following up on an open suggestion. I have no interest in beating on this or any other "financial institution", other than BofA.</p></blockquote><p></p>
[QUOTE="ELR Researcher, post: 644168, member: 19541"] As suggested by another forum member, I did some quick research on "Cabela's Bank", known officially as World's Foremost Bank (WFB). Here is a link to their site (the only site I could find for them when I did a Google search on the company name) - [URL]https://www.wfbcds.com/index.jsp[/URL] Frankly, a very unimpressive site - but it says they had almost $3 billion in assets at the end on 2010. [No more recent info posted.] Here's a link from CNN Money about some failrly recent problems they had with the FDIC - [url=http://finance.fortune.cnn.com/2011/03/08/worlds-foremost-credit-card-ripoff/]World's foremost credit card ripoff: update - Street Sweep: Fortune's Wall Street Blog Term Sheet[/url] - no comment beyond it was significant enough to hit CNN Money. I found nothing to suggest they are owned by a third party, but their site has no ownership or history info, so, without some funded research - done by others, I have no idea whether the info posted on their site is accurate or current. [I also have no idea why no "more corporate looking" site appears for a company with $3B in assets - very closely held or?] In any case, just following up on an open suggestion. I have no interest in beating on this or any other "financial institution", other than BofA. [/QUOTE]
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Bank of America Tells McMillan Group to Find Another Banker
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