Home Topics in Depth Economics Bank Holiday – New Rules Treat Cash Depositors like Criminals!!

  • Lynetta (679 posts)
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    Bank Holiday – New Rules Treat Cash Depositors like Criminals!!

    Published on Mar 2, 2017
    Special Thanks to Chris for sharing this with us!

    DJ13, VoiceOfReason, Ichingcarpenter and 3 othersThouArtThat, glinda, Doremus Jessup like this

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  • Satan (2913 posts)
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    1. It's a Bank Holiday Weekend. And nothing ever seems to go on

    A little trivia note here – after enjoying some moderate success with this single “Seventeen” would abandon their mod revival approach and re-emerge a few years later with a whole new sound (including a lot of acoustic guitars) and now calling themselves “The Alarm”

    Fuck Kamala Harris. Fuck Borey Crooker. Fuck Joy Reid. And FUCK Hillary Clinton & her husband for destroying the Demoncratic Party.
  • glinda (2182 posts)
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    2. What came to mind for me was "conditioning". By intimidation and

    shaming and controlling they lay groundwork (in the future) for similar behavior if you want to withdraw cash. This was a bit startling.

    Animals know more than we do. - Native American proverb
  • FanBoy (7985 posts)
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    3. appears to be true with more banks moving in that direction;

    the comments are also interesting:

    https://www.mybanktracker.com/news/chase-no-cash-deposits

    they talk about moving money to credit unions.  I put my money in a credit union long ago and had a very positive experience for about 20 years (even then bank v. credit union was obviously different — better interest, better service, fewer fees, more tellers)

    but my experience recently has not been so positive (same interest, service and tellers down, more fees, more building and branch expansions)

    coincidentally or not, it coincided with increased hype about moving one’s money to credit unions and ‘teaching the banks a lesson’

    but the credit unions are usually run by similar interests; large corporations/employers like Weyerhaeuser or public employers (here = wsecu, Washington state employees credit union).  They’re not independent, and not necessarily safe havens.

    My speculation is that possibly the proles are being push-pulled into credit unions to separate large depositors from small ones.  I wonder why, if so.

  • Fasttense (1605 posts)
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    4. Don't think some crefit unions are any bettet

    I had a nasty bank manger at CCU tell me he had to hold my cash deposit I made into my son’s account for 3 days before my son could have access to it. He was in college at the time and it was only $300. But he claimed it was their bank policy for all deposits. We stopped using them after that.

  • VoiceOfReason (989 posts)
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    "Men who do evil brilliantly are often admired"  Voltaire BERN BABY BERN!!  War is madness!