Bank of America Wants a Divorce from California Unemployment... And They Want Nothing To Do With The Kids (Californians) + Listener Questions

<p><a href="https://www.latimes.com/california/story/2021-07-09/california-extends-contract-with-bank-of-america-edd-unemployment-benefits-program"><strong>LA TIMES Article on Bank of America wanting out of their contract after California EDD extended it this month</strong></a></p> <p><br></p> <p><strong>In this podcast, I discuss my success with NM Unemployment, and then pivot to a less successful unemployment, California. Bank of America boldly states it wants to no longer be in the unemployment business, despite the state of California exercising their option to extend the deal for 2 years. With all the issues BofA has had that I have talked about on the podcast along in several interviews, it's shocking.</strong></p> <p><strong>What's even more shocking? The BofA Spokesman who said that BofA wanted nothing to do with California is</strong><a href="https://www.rocklin.ca.us/post/bill-halldin"><strong> an elected official in the state of California. Conflict of Interest, much?</strong></a></p> <p><strong>I talk about all the next steps California will have, the issues with fraud and BofA customer service and where everything is going to go going forward. Oh and they didn't make THAT Much money servicing California, and the service they provided was likely seen as a boutique project for them when there wasn't 23 million unemployment claims in a single state and they actually thought, "Shit, we may have to do some actual work here!"</strong></p> <p><a href="https://www.nbclosangeles.com/news/local/bank-of-americas-dysfunctional-relationship-with-the-edd/2636816/"><strong>NBC Los Angeles Story</strong></a></p> <p><a href="https://abc7news.com/bofa-edd-debit-card-bankofamerica-fraud-news-california-unemployment/10854177/"><strong>ABC7 SF Story</strong></a></p> <p><br></p> <p><strong>Plus listener questions about budgeting when you are now a WFH employee, and what REALLY is a benefit of a savings account these days?</strong></p> <p><br></p> <p><a href="https://linktr.ee/NotoriousBanker"><em><strong>All My Links HERE