Bye, Citibank!

[Ah Pook]

Criminal.

Your point?

[Skip]

https://www.navyfederal.org/

For those of you who are veterans, Navy Federal Reserve Credit Union, now accepts veterans as members.

[snip]

NEVER AGAIN

I think they have a letter from me sent in 1998 promising the same. They charged me monthly checking fees for nothing and ATM fees everywhere, because, well 1990s.
You know precious junior enlisted pay is? You know how much banking a junior Marine does?

Most months I was lucky if I had enough left in my account to pay their monthly fee!

[snip]
I can’t imagine what could happen if something crazy happened and a bunch of people wanted their money all at once. I’m also a bit concerned that we’re becoming increasingly reliant on electronic funds and records. What happens when North Korea figures out how to wipe out our banking records. How many of us can prove to our banks that we had $1086.56 in our checking account before Kim Jung Prepubescent wiped out the records?

People have no idea how fragile their existence is if they depend on the banking system. Those are just numbers in a database and after the 2008 mark-to-market "fix" they likely don't even have assets to cover.

I have Wells too even though I hate them. I keep them for branch banking. I go in every 2-3 months and withdraw modest amounts of cash because I don't do ATMs. They've never asked me why I do this. Everyone is always polite and tries to sell me a shitty rate product (they sell CDs with higher rates to non-customers than their customers and can't explain it).

If chaos hits, people really should have a couple of months of cash on hand. Then maybe some tangible items for trade/barter. After that it's beans and bullets.

[MrPrena]

Cash deposit policies.
Because of few criminals, we law abiding citizens has to suffer.

https://www.bankrate.com/banking/che...-your-options/
https://www.sfchronicle.com/business...at-6481441.php

[crays]

Common Sense Gun Laws.
Because of few deranged individuals, we law abiding citizens has to suffer.

FIFY

[MrPrena]

FIFY

Read my mind.

[Zundfolge]

Horsefeathers. The minimum amount of cash for any transaction that requires any reporting is $3000 under federal law (purchase of money orders). Several banks have established POLICIES that require their employees to ask stupid questyions, but it ain't the law.

You're probably right but the bank is telling their employees that its the law so the girl behind the counter follows "the law".

[Irving]

Just like McDonald's tells their employees that it's the law to ask for fries?

Let's not get carried away here.

[BPTactical]

I'd respond - it's none of your business how I spend my money. Why are you asking? I'm sure that would go over well haha

Exactly correct. We have a vehicle through WF. If I am waiting in line and the "greeter" asks me what brings me in today I give them a stiff stare and reply "My personal business" and nothing more.
I can't believe the stupid shit other patrons say.
"Oh I'm withdrawing $10,000.00 to buy a car"
"I'm opening a savings account for my child with $5000.00"
Stupid, naïve people that have no comprehension of PERSEC.



I too told a branch manager that I did not appreciate the inquiries, my business is between the teller and myself and is nobody else's business. His reply was something to the effect of "Well I will gladly take that criticism, we are providing a friendly experience for our customers."
I told him that I wasn't there to be friendly, I am there to conduct my private business.




I guess everybody has to feel good about everything they do now.


Pussies

[Honey Badger282.8]

I worked at a bank for a while, I understand some questions can be odd but there is a reason to it. I was a phone rep and I couldn't tell you how many times potential elder abuse occurred, or the spouse or kids tried pulling one over on people. Most banks today will cover fraudulent charges, in order to provide this there has to be greater security to protect the banks (and customers) assets. We'd get the most pushback when people called to ask for an increase to some limit: be it withdrawal, purchase, deposit, etc. The larger the increase, the greater the level of scrutiny that was applied. The same would be applied to waiving or refunding fees.

[ChadAmberg]

Me depositing a big pile of cash...
"What do you do?"
"Gigolo. This is the day's deposit... Slow day so far."