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The only thing that will really impact you will be new checks, new debit card and new paperwork and bank statements with Citigroup instead of Wachovia. Also, any buildings (such as the Wachovia tower in Charlotte,NC) will be having a Citigroup logo on the skyline.
The only thing that could directly affect you negatively would be that some branches of Wachovia could close. Your money is still safe since the bank didn't go under it was just bought by another bank.
doodad
As long as you are not above the limit of Federally Insured deposit amounts, no worries.
The name depends on the decisions of share holders and the companies board of directors.
Have a blessed day.
chatsplas
Knowing Citi, they'll become CITI, but with a merger of equals, names can be retained. . .not the case here. . .
They'll notify you. . .
CITI may close some, rename all, consolidate. . . if there are CITI branches nearby. . . .if not, it gets CITI into market
AS a customer you benefit by having a much larger network
Crazeddoglady
Citigroup has stated that there will be no change in their dealings with customers but you will ultimately be using checks, etc. with the Citigroup name. You don't have to do anything, they'll make those changes automatically. The Wachovia name will continue in the form of the brokerage business.
Ursugardaddy
I think it would its like if I sold you a property wouldn't you take my name off the deed and put yours on it