NYJetsFan.com Forums: Credit Unions Poach Clients - NYJetsFan.com Forums

Jump to content

Toggle shoutbox NYJETSFAN BANTER

JETS SUPER BOWL THIS WEEKEND
Jetsfan0099 Icon : (17 December 2014 - 09:18 AM) I want a new GM and HC
HarlemHxC814 Icon : (17 December 2014 - 09:54 AM) Should I go Vincent Jackson or Jarvis Landry as my WR3?
Jetsfan115 Icon : (17 December 2014 - 11:13 AM) i'd go landry
Jetsman05 Icon : (17 December 2014 - 11:40 AM) The opposite of what Mr Jet thinks about it.
santana Icon : (17 December 2014 - 01:03 PM) Top Bantz by 05
santana Icon : (17 December 2014 - 01:03 PM) http://www.gfycat.co...ousAlaskanhusky
MikeGangGree... Icon : (17 December 2014 - 02:13 PM) 'Fire Idzik' banner returns for Jets
santana Icon : (17 December 2014 - 04:23 PM) jets fans are loony. shoutbox is clear evidence of that.
HarlemHxC814 Icon : (17 December 2014 - 04:28 PM) Nah Jets fans are all level headed individuals
Jetsman05 Icon : (17 December 2014 - 04:40 PM) Zzzzz
santana Icon : (17 December 2014 - 04:44 PM) i agree very level headed
santana Icon : (17 December 2014 - 04:44 PM) ILL KILL YOU ILL KILL ALL OF YOU I AAM THE TABLE!!!!
Chaos Icon : (17 December 2014 - 06:30 PM) @RapSheet: Sources: #Michigan has made another run at Jim Harbaugh after he initially rebuffed the school. U-M has made an offer of 6 years, $48M. Wow.
Chaos Icon : (17 December 2014 - 06:33 PM) @AdamSchefter: Stunner from Chicago: Bears starting QB Jimmy Clausen this week, per source.
Chaos Icon : (17 December 2014 - 06:33 PM) LOL
santana Icon : (17 December 2014 - 06:34 PM) cutler to jets confirmed!
MikeGangGree... Icon : (17 December 2014 - 06:36 PM) Cutler?? WOOOOOO
santana Icon : (17 December 2014 - 06:39 PM) 49ers gotta whip out that check book
santana Icon : (17 December 2014 - 06:40 PM) jets resign rex for 2 more years and get cutler
santana Icon : (17 December 2014 - 07:26 PM) http://cdn.ksk.uprox...ing-650x487.png
santana Icon : (Yesterday, 03:19 PM) holy shit thrilling match up tonight
2JBallar01 Icon : (Yesterday, 04:13 PM) Does it matter who wins tonight? Draft pick wise for the Jets?
Jetsfan0099 Icon : (Yesterday, 04:16 PM) Probably not. We probably want to draft above the Titans though if that is possible, they are a team that could use a QB. The Jaguars just drafted Blake Bortles, doubt they go first round QB 2 years in a row
santana Icon : (Yesterday, 04:29 PM) so titans win is best win
Jetsfan0099 Icon : (Yesterday, 05:52 PM) DRAFT WINSTON
Jetsfan0099 Icon : (Yesterday, 05:52 PM) FIRE IDZIK
2JBallar01 Icon : (Yesterday, 07:05 PM) I'm leaning towards wanting to draft Cooper or oline with the first pick. have a good line and or relceiver core and try and sign Bradford or trade for Cutler to play QB. And have Geno as back up for us.
2JBallar01 Icon : (Yesterday, 07:06 PM) Not sure if Winston can be a franchise QB. Even Mariota has question marks.
ganggreen2003 Icon : (Yesterday, 08:25 PM) That is why we need to draft Cooper at WR and then later in the draft go and get Petty
santana Icon : (Yesterday, 09:44 PM) clipboard jesus lead the way
santana Icon : (Yesterday, 09:48 PM) I miss leon
ROBJETS Icon : (Yesterday, 11:35 PM) If the Jets would have lost last week since the Jags won the Jets would have the 2 seed right now and not stuck at the 6 seed
ROBJETS Icon : (Yesterday, 11:36 PM) Oh well
Jetsfan0099 Icon : (Today, 11:21 AM) I think IK shows potential as a pass rusher
azjetfan Icon : (Today, 12:50 PM) If the new HC goes to a 4-3 it will be interesting to see if Couples can play on the end.
Jetsfan115 Icon : (Today, 01:43 PM) he's probably better as a 4-3 DE then a 3-4 LBer anyway
Jetsfan115 Icon : (Today, 01:43 PM) we'd need another DT though
santana Icon : (Today, 02:12 PM) Rex to atlanta rumors swirling about
2JBallar01 Icon : (Today, 03:35 PM) Who should be my 2 starters at WR for my fantasy. Championship game. It's between AJ Green, Djax, and Mike Evans. I have Hilton too but I think colts will sit him this week
2JBallar01 Icon : (Today, 03:36 PM) I'm thinking Djax and Evans. I don't think the match up with green vs Denver
2JBallar01 Icon : (Today, 03:37 PM) I have Ingram, Lamar Miller, and Lacy as my RBs and flex
santana Icon : (Today, 03:41 PM) green and desean pretty much the same risk reward
santana Icon : (Today, 03:41 PM) lock evans in and play the matchup for the other spot
santana Icon : (Today, 03:41 PM) also might snow in denver mnf i would keep an eye on that
2JBallar01 Icon : (Today, 04:48 PM) Good thinkin! I think I'm going to play djax. I like the match up better
Resize Shouts Area

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

Credit Unions Poach Clients Misleading title but good info.

Poll: Where do you bank? (5 member(s) have cast votes)

Where do you bank

  1. Large multistate bank (2 votes [40.00%])

    Percentage of vote: 40.00%

  2. Regional or single branch bank (2 votes [40.00%])

    Percentage of vote: 40.00%

  3. Credit union. (1 votes [20.00%])

    Percentage of vote: 20.00%

  4. F the banks its under my bed bitz (0 votes [0.00%])

    Percentage of vote: 0.00%

Vote Guests cannot vote

#1 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,032
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 07 November 2011 - 12:34 PM

http://finance.yahoo...od=bb-budgeting


Thousands of people flooded into credit unions and small banks over the weekend as part of "Bank Transfer Day," an effort to prod depositors to abandon giant banks. But at least some of the big banks won't mind losing those customers.

On Saturday, the Boeing Employees' Credit Union in Seattle signed up a one-day record 659 new members. At the grand opening of a Randolph-Brooks Federal Credit Union branch in Pflugerville, Texas, the parking lot was so full that customers had to leave their cars across the street.

Dozens of people opened an account at the Texas credit union as a local disc jockey gave away prizes. "They'll treat me like a good customer," said Charlie Estes, 33 years old, who pulled his life savings out of J.P. Morgan Chase & Co., the largest U.S. bank as measured in assets. J.P. Morgan declined to comment.

It won't be clear for several weeks how many deposits moved to credit unions—the member-owned cooperatives that can't sell stock and don't pay taxes—on Bank Transfer Day. But the sprawling, loosely organized effort got lots of attention, partly because of controversial plans by Bank of America Corp. and other large banks to charge customers for using debit cards. The big banks retreated after widespread public furor.

[More from WSJ.com: Young Men Suffer Worst as Economy Staggers]

Executives at large banks have shown few signs of worry that depositors might walk out the door. One reason: People who gravitate to credit unions tend to be unprofitable for giant banks because of the small balances they keep on deposit, low number of products they buy and the relatively high account-maintenance expenses at big financial firms.

Moebs Services Inc., a research firm in Lake Bluff, Ill., estimates that it costs the giant banks about $350 to $450 per year to maintain a checking account. In contrast, smaller banks incur costs of $175 to $250 a year per checking account.

Banks try to recoup such costs by imposing overdraft fees and other charges. But new rules in the wake of the financial crisis limit some of those surcharges. The recent debit-card-charge mess was a failed attempt to close the gap.

Many banks also have done away with free checking, unless customers maintain a minimum balance and meet other criteria. But with the average checking account containing $5,200, according to research firm Raddon Financial Group in Lombard, Ill., many customers can't avoid the monthly charges.



More than three-fourths of credit unions offer no-strings-attached free checking, compared with 45% of banks, says Greg McBride, an analyst with Bankrate.com. Deposits at banks and credit unions are insured up to $250,000.

[More from WSJ.com: Make the Most of Holiday Work]

Credit unions held just 8% of federally insured deposits as of June 30, compared with 70% for banks that have assets of more than $10 billion.

Credit-union officials say those figures understate their actual reach in terms of customer numbers because most members at credit unions have small balances. Overall, U.S. credit unions have more that 91 million members, or nearly one in three Americans.

David Small, a spokesman for the National Credit Union Administration trade group, said many of the nation's 7,200 credit unions "are in rural areas where there is no other banking option."

Some bankers complain that credit unions have outgrown their status as a lender of last resort to poor and rural communities, and should be forced to pay taxes just like for-profit banks.

"At a time when state and local governments are struggling with lower revenue, why should some of these credit unions be subsidized if they are not going to provide those services?" said David Locke, chief executive of McFarland State Bank in McFarland, Wis. The bank has about $500 million in assets but is having trouble competing with nearby credit unions, he added.

[More from WSJ.com: The Footage the NFL Won't Show You]

Credit unions are lobbying Congress to let them make more business loans. The current limit is 12.5% of assets. Raising the cap would allow credit unions to diversify their loan portfolios and provide more capital to cash-strapped companies, Mr. Small said.

Yet several large commercial credit unions, which invest money on behalf of their retail members, went bust after loading up on high-risk mortgages during the housing bubble.

Some bank customers said they are unhappy—but not enough to give up the conveniences provided by big banks. "I'd love to change," said Michael O'Donnell, a Bank of America customer in Boston. "But the services they offer would be hard to replace."
Posted Image
0

#2 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,032
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 08 November 2011 - 01:46 PM

I can say we did not have a person come into any of our branches to close an account due to this on Saturday. Although we are a Community Bank so we probably were nor as effected as a Wells Fargo or BofA.
Posted Image
0

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users