Just received a certified letter from ST that after reviewing my accounts they would like to close it. I am surprised. I survived shutdown waves last summer, and usually spend ~$20K/month, but after devaluation, I did only $5K first month and $12-17K other months. I only deposited couple of MOs during all my days with ST, I have their Signature account ($25K balance to avoid fees) and when I was approaching that limit, I deposited checks from my other bank accounts or wife wrote her checks to me, or I did ACH. I did all my spend in WMT.

I noticed in the letter that they suggest to close an account by specific date, otherwise, they would close it. I wonder, if I close account myself, can I open another one in the future?