General Discussion

Cleita

(75,480 posts)

52. Could the reason that they are swimming in money

Sun Mar 24, 2013, 08:11 PM

Mar 2013

is because they are sucking at the federal teat? I mean I used to work in banks at the corporate level and I know how they made money back before deregulation and that meant lots of accounts and lots of mortgages. People still go into banks because my credit union always has long lines in it.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

72 replies

= new reply since forum marked as read

Highlight:

So how desperate is Chase Bank? [View all] Cleita Mar 2013 OP

One of the reasons that branch banks are not busy, though, MineralMan Mar 2013 #1

Deposits and withdrawals aren't the only reason people use a bank. Cleita Mar 2013 #3

That's true. They're the only reason I go into a branch building, though. MineralMan Mar 2013 #5

"bank now offers smart-phone deposits," dixiegrrrrl Mar 2013 #9

Yeah. Most of the larger banks let you deposit MineralMan Mar 2013 #10

Yes, check out MITK pangaia Mar 2013 #30

Just checked - even my local union offers this. RedCappedBandit Mar 2013 #59

Credit unions seem to offer everything banks do. Cleita Mar 2013 #69

Yep! They continue to impress me. RedCappedBandit Mar 2013 #71

My (big) bank forced me to come in to sign papers spooky3 Mar 2013 #45

I am still getting regular credit card solicitations from them. GoCubsGo Mar 2013 #2

They seem to be desperate, don't they? n/t Cleita Mar 2013 #4

I hope the big banks are hurting. AndyA Mar 2013 #6

I don't think our pols will do anything, but if the people Cleita Mar 2013 #8

I keep a small checking account with Chase just pay bills and have some walking around money Yavin4 Mar 2013 #7

They are being very aggressive lately, it seems. Cleita Mar 2013 #11

Ever since the repeal of glass segal the banks have made more money Paul E Ester Mar 2013 #12

That sucks. Jaimie Diamon is on my hit list of very undesirable people. Cleita Mar 2013 #13

He famously waved his presidential cufflinks all at the congressmen when they made a half hearted Paul E Ester Mar 2013 #15

I wonder where he got those? Cleita Mar 2013 #25

My husband has a pair. phylny Mar 2013 #54

Desperate enough to FedEx mortgage refi solicitations. MindPilot Mar 2013 #14

Boy I hate that bait and switch tactic. Cleita Mar 2013 #26

My card from Chase charges 3.9% how is that "usury interest rates on their credit cards" RB TexLa Mar 2013 #16

You get that? Cleita Mar 2013 #17

It's calculated on my statement. I don't know what little categories you are talking about RB TexLa Mar 2013 #18

I don't have my bill in front of me, but it's broken down Cleita Mar 2013 #19

Mine just has the one rate. RB TexLa Mar 2013 #20

There are different rates for purchases and getting cash advances. Cleita Mar 2013 #21

I'm sure it has a cash advance rate, I've never used it for that RB TexLa Mar 2013 #22

You don't add those rates together to get your rate. Curmudgeoness Mar 2013 #48

It still amounts to 18% of the balance owed any way you look at it. Cleita Mar 2013 #49

Oh bullshit! If that is true then you are part of the 1% IMO. n/t L0oniX Mar 2013 #29

You don't have to be rich to have good credit RB TexLa Mar 2013 #31

I have excellent credit, so why the discrepancy? Cleita Mar 2013 #32

Ask Chase for a reduction. RB TexLa Mar 2013 #33

I have two Chase cards with low interest rates like you have. oldbanjo Mar 2013 #44

Whatever ...my cs is over 800 with a paid off home and car and I don't get that %. L0oniX Mar 2013 #50

I have a Chase card at prime rate. Fuddnik Mar 2013 #47

Wow A Little Weird Mar 2013 #43

Mine would be 18%, I think. tammywammy Mar 2013 #55

Is that the regular rate or a special offer rate? JHB Mar 2013 #72

The Chase bank where I live is very friendly bhikkhu Mar 2013 #23

I love my credit union. I wish I had moved there sooner than I did. Cleita Mar 2013 #24

I miss Washington Mutual... Ron Obvious Mar 2013 #27

I had WaMu too and I went over to the credit union when Chase took over. n/t Cleita Mar 2013 #28

Btw, that "malfunction" sign isn't true jeff47 Mar 2013 #56

Yeah, I saw through that one... n/t Ron Obvious Mar 2013 #57

We used to have EVERYTHING with Wells Fargo, leftieNanner Mar 2013 #34

Good for you. Wells Fargo is a sloppy operation. Cleita Mar 2013 #36

I have both; greiner3 Mar 2013 #35

I figured something like that was going on. Cleita Mar 2013 #40

You should have just hung up on the telemarketer n/t alp227 Mar 2013 #37

She wasn't a telemarketer. She was a person from the bank. Cleita Mar 2013 #39

Mine is local 47of74 Mar 2013 #38

I wish we'd go back to the old system where banks could only be Cleita Mar 2013 #42

DU Rec. Tuesday Afternoon Mar 2013 #41

I've been laundering my ill gotten drug proceeds with Chase for years. bluedigger Mar 2013 #46

And I don't even have an account with them, just the credit card, Cleita Mar 2013 #53

Chase is not hurting at all. They are swimming in profits. BlueStreak Mar 2013 #51

Could the reason that they are swimming in money Cleita Mar 2013 #52

I have two Chase cards, one of which has been mine since the early '80s Hekate Mar 2013 #58

I always laugh when these parasitic fuckers try to get me to sign up. RedCappedBandit Mar 2013 #60

I have been very alarmed at all the Chase branches opening here in CA BrotherIvan Mar 2013 #61

How nice of them to take a loss with taxpayers' bailout money. Cleita Mar 2013 #63

I consider going into a Chase branch as taking time off my stint in purgatory. AngryOldDem Mar 2013 #62

So you get good customer service and Dreamer Tatum Mar 2013 #64

Harassing you to do business with them is not good customer service Cleita Mar 2013 #65

Because shock of all shocks Dreamer Tatum Mar 2013 #66

If you say so. n/t Cleita Mar 2013 #68

I had a similar experience... Earth_First Mar 2013 #67

I recently walked into my bank, which shall be nameless, bemildred Mar 2013 #70