There is likely a clause in your signature agreement that the bank can close down your accounts for any reason. Since what you are doing is requiring special deposit - or free use of their vault for your money - they are not getting any benefit out of doing business with you. You have clarified your position and knowledge so there is no sense in trying to gloss over the reality that you have cracked the banker's code. For some time they were doing that - just trundling along acting like nothing changed because of your demand.
We have a few posts around here where ten bank accounts were closed down and some top employees at the bank were fired. So it would appear the OCC knows what we are doing.
Comment