drlove 37204 Report post Posted November 21, 2009 I'm thinking about getting a line of credit mortgage, but I have some reservations. My problem is that Manulife is a virtual bank, and I'd prefer to have teller assistance since I make business deposits and withdrawals on a regular basis. I'm not a fan of online banking at all, so I usually go to the ATM. However, in this case I'd be hit with service fees every time I attempted to take money out, not to mention a monthly service charge. Right now, my banking is free. Any advice? Thanks... Quote Share this post Link to post Share on other sites
Guest s******ecan**** Report post Posted November 21, 2009 Manulife has serious balance sheet issues right now, they just issued a ton of stock last week in a desperate bid to raise capital. The new CEO has inherited a real mess. With that sort of instablility their whole product line could be in for an overhaul. Its very tempting for a bank to grab revenue by hiking up service fees. My advice stay away. Quote Share this post Link to post Share on other sites
drlove 37204 Report post Posted November 21, 2009 Manulife has serious balance sheet issues right now, they just issued a ton of stock last week in a desperate bid to raise capital. The new CEO has inherited a real mess. With that sort of instablility their whole product line could be in for an overhaul. Its very tempting for a bank to grab revenue by hiking up service fees.My advice stay away. Thanks for the reply - I agree. When I talked to the rep and she was explaining things, the principle of it sounded good, but in practice it could really be a hassle to deal with. Quote Share this post Link to post Share on other sites
