CONSUMER WATCH Never do business with this bank It s not the real Wachovia bank anymore First Union which has always been a bad bank bought out Wachovia so that it could change its name First Union had a terrible reputation for incompetence and fraud whereas Wachovia had a spotless reputation Think about it First Union was easily 100 times bigger than Wachovia Why would such a company abandon its brand for a virtually unknown brand name unless it was caught hurting its customers so often that its reputation was dismal It is just like ValueJet renaming itself after that company killed a plane load of people because they wanted to make an extra buck transporting volatile materials I personally lost money due to Wachovia letting my personal information be stolen There are tens of thousands of Wachovia bank account holders who had their personal information including social security numbers and bank account numbers stolen Do not trust this bank PRONUNCIATION