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Frustration With My Bank

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Valued Member
United States
226 Posts
 Posted 05/22/2015  9:06 pm  Show Profile   Bookmark this reply Add Jake the Dog to your friends list
Keep in mind that having money deposited with the bank (savings or checking, etc) is a choice on your part. Feel free to consider banking with another national named bank. Being unhappy with a banks services gives you the right to withdraw your deposits and move to another bank. That being said, the banks have to find the happy balance to keep customers happy but also to make money, if you have enough money in savings and/or checking and you tell them you are withdrawing it and switching banks - they may be willing to negotiate some, and give you a discount for repeat services, etc. because they want to keep you as a customer.
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Canada
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 Posted 05/22/2015  9:37 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
Just keep trying different banks. Sometimes newly-hired tellers will go the extra mile because they still have that "new job high" and want to make an impression. Some are more than happy to get rid of them instead of keeping the rolls or sending them off.
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United States
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 Posted 05/22/2015  9:40 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list

Quote:
To take it a step further, instead of realizing that the bank did you a favor for awhile, you complain the minute it doesn't go your way. Maybe I am old fashioned but this behavior is a bit disappointing to see.


I use dot have 3 pick up banks.

Now I have 2.

When the one bank told me they couldn't order coin for me anymore (it was only 2 boxes of halves a week compared to 4 boxes of halves from another brand and 8 boxes of halves and 2 boxes of nickels and cents from a 3rd brand) I came back the next day and brought them donuts as I had done in the past and thanked them for their service when they were able to order coin for me RATHER THAN throwing a tantrum and demanding to speak to management and swearing I would be pulling all of my money out of their brand if they didn't abide by my wishes.
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 Posted 05/23/2015  06:56 am  Show Profile   Bookmark this reply Add John1 to your friends list
As of now my bank has not charged me a fee,thank goodness. If the day comes, I will call all the banks/credit unions in my area for one that won't charge me and switch to them.
John1
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 Posted 05/23/2015  12:55 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
The actually don't care if you pull your money. You are costing them money in fees to their suppliers (the armored car company).

Don't let the free toaster hit you in the back on your way out... oh yeah, they don't do that anymore either...
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Canada
535 Posts
 Posted 05/23/2015  1:33 pm  Show Profile   Bookmark this reply Add timnic44 to your friends list
Is this just a United States thing? I have never been charged fees for exchanging cash for boxes of coin here in Canada.
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 Posted 05/23/2015  3:21 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list

Quote:
Don't let the free toaster hit you in the back on your way out... oh yeah, they don't do that anymore either...
Funny you should mention that - my credit union gave me a free toaster and $150 cash for refinancing my ford...and dropped my payment by $20/mo. for the rest of the term. I love credit unions, I cancelled all five of my bank accounts last two years for excessive fees. Never a fee to order coin, but they made up for it elsewhere. Love the hobby, but cheaper to buy my silver outright sad to say.
When I listen to LED ZEPPELIN...so do my neighbors...
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 Posted 05/23/2015  3:44 pm  Show Profile   Bookmark this reply Add John1 to your friends list
They do care,kinda. They are making money off of the money I (you) have in our accounts.
John1
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 Posted 05/24/2015  05:43 am  Show Profile   Bookmark this reply Add John1 to your friends list

Quote:
Nothing for me to say this time.

Hello, Ripley's believe it or not...you won't believe this
John1
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 Posted 05/24/2015  08:37 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list
Valued Member
United States
381 Posts
 Posted 05/25/2015  01:15 am  Show Profile   Bookmark this reply Add Murphy to your friends list
I agree with most everyone here. If you are unhappy that your Bank is charging you to order coin then switch Banks.

I have an agreement with one of my Banks. I take their customer wrapped coin off their hands and they order bank boxes or bags of Ikes for me. The Bank normally has to pay the Armored Service to pick up their coin. I save them the cost by taking it. I just take it to my Credit Union and deposit it in the coin machine. I don't even look at the Cents and I just edge search the Quarters and Dimes. I go through the Nickels with more detail. It's a great deal for both of us.
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United States
36 Posts
 Posted 05/25/2015  01:50 am  Show Profile   Bookmark this reply Add GoldRush to your friends list
OP, that sucks. I haven't had any issues with my two banks I order from. Over 2 years now, and I haven't been charged for a box of coins yet. I made it clear when I signed up at both banks I was going to want boxes and both said as long as I keep accounts at both, I will be good. But ironically, when I tried to order coins at my wife's credit union, they said no one can order coins, nit even members.
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United States
9792 Posts
 Posted 05/25/2015  03:02 am  Show Profile   Bookmark this reply Add westcoin to your friends list
Banks on average make around 1/3 of their profit from fees they charge their customers. JP Morgan did $35 Billion in fees alone, from a report in 2012:

http://www.npr.org/sections/money/2...-makes-money
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
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See my want page: http://goccf.com/t/140440
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 Posted 05/26/2015  09:45 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Hello, Ripley's believe it or not...you won't believe this
These threads come up often enough for, so odds are I will see one before someone else beats me to the punch.
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