I suppose I am at the age where, if I walk into a bank, the teller imagines I am, of course, a customer and mommy is waiting in the car outside. I have not had a problem getting two dollar bills from regular "banks", but credit unions tell me they cannot help me because I am not a member. I emailed the Unon's general help email, and the man said that that is a Credit Union law...? For those of you who work in a CU (not Choice uncirculated), why is this? What ever happened to helpfulness and common courtesy? I suppose that went out with the 50's. BTW, they don't have a problem charging me two bucks to use their ATM. Chris
Hi Chris, Here is a link that will answer most of your Credit Union questions. If you have any more questions, :secret: just ask.
It depends on the specific branch, and then sometimes it depends on the specific teller. The general rule of thumb that applies to all banks (not just credit unions) is that the bigger the city and the bigger the bank, the less time they care to spend on you. Good Luck and just avoid the banks with bad customer service like I do.
This may be an idea. Next time you join a bank (they always want new customers) make a deal with the manager, if I join will you give me rolls of coins when I ask for them
I bank at a credit union run by my employer and it isnt like a regular bank and they only serve members (who are also owners)...There are certainly bonuses for being a member of one. I used to bank at BoA which was the worst experience ever so I moved to the CU and am much happier...
Completely true. In the area I live banks are constantly mobbed with lines of people. For anyone not known well to walk up and ask for anything special is just not a good idea. I go to several banks all the time and attempt to find a time when not to busy so if I ask for rolls of halves or anything unual, I won't hold up a line. I know others in my area have gone to the same place and were told they don't carry halves but since they know me, they go to the vault and get them for me. Of course this makes lines form and a lot of little old ladies give me plenty of dirty looks.
Would you expect to be permitted to play golf at a private club you didn't belong to? Would you expect to be able to shop at Costco without becomming a member? Would you expect to be able to sit in classes at a college you weren't accepted into? If you want to receive a service from an organization that requires membership, then become a member.
If I did any of those, those organizations would lose money. There were three bored tellers picking their noses with nothing better to do. That specific branch once gave me $20 in twos... and the teller went "into the back" to get them for me. Today, I felt so relieved going into a "real" bank to which I did not belong. :goofer:
Credit Unions are essentially customer-owned bank branches. The one I belong to allows me to participate in everything from setting interest rates, to approving member loans. Every member has that kind of control. And loans are generally question-free and with interest a fraction of any other bank. I say join one...unless you enjoy your present bank charging you fees to use the atm and make transactions. It's your dough. Guy~
I am very pleased with my CU. Every bank i have belonged to before joining the CU was horrible. We can't always expect bank tellers to be willing to help us with our coin collecting needs. They are doin us a FAVOR when we walk in and ask for rolls or whatever.
I am a big fan of Credit Unions in general-- we belong to two different ones. However, I have noticed tightening of rules and the beginning of the "slippery slope" of charges and stratifying of customers based on how much business they do/money they have deposited, that was part of the rationale for "firing" the banks I dealt with. (The last straw was when my last bank charged me for not using my ATM card!) I am hoping that Credit Unions don't "go there"; even so, banks seem to come up with new surprises every minute.
I have had my fill of 'real banks'. I would take my CU over a bank like BoA any day...the last draw with BoA was when they kept my 10,000 check and wouldnt release the funds for 2 weeks...christmas happened to fall in those 2 weeks...thus they decided to hold on to that check during christmas and deny me my 10,000 USD written to me from a multi-million dollar company...I asked the manager at BoA why he was holding the money, he cited a law that ALLOWED them to hold money like this...didnt REQUIRE them to hold it...just allowed them to...I asked why they did it to me...he said they 'just did' and when I asked him do they do it to everyone he answered 'I cant talk about other accounts' but after a long bickering session he admitted its up to them who they do it to and not everyone gets the treatment... When asked why they chose to do it to me...they said because it was a high dollar amount....I then pointed out that I was a long time customer, this is going to be a regular thing and I wont wait 2 weeks for my money...he said he would not change anything...There was not a single reason why they held that money...save maybe 2 weeks of being able to add 10,000 to their purse. When I get paid a check...I will NOT allow some crappy bank to hold on to that money for weeks 'just because'...I had a credit card bill to pay and presents I wanted to buy...if I didnt have savings...they would have ruined my christmas.... So I went to the CU when they told me no holds for checks from members. Been happy ever since...something to be said about CU...
When you deposit 10,000 the bank they notify the IRS / Under 10,000 they usually do not bother you But that should not hold up your money. checks nowadays clear fast with eletonics age
I dont remember now what law they quoted to me but apparently it allows them to hold my money up to a certain amount of time if they choose to, and they choose to.
