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

Jump to content

Toggle shoutbox NYJETSFAN BANTER

JETS will play on Monday Night at 7pm in Detroit
HarlemHxC814 Icon : (21 November 2014 - 12:57 PM) HALA RAUL
santana Icon : (21 November 2014 - 01:22 PM) yeah buddy
santana Icon : (21 November 2014 - 01:23 PM) I wonder how much ticket to this jets game would be. I hope its free
Jetsfan115 Icon : (21 November 2014 - 01:24 PM) city of detriot needs something.
santana Icon : (21 November 2014 - 01:25 PM) yeah global warming
ganggreen2003 Icon : (21 November 2014 - 05:34 PM) Any word on what channel the game will be shown outside of the NY area?
santana Icon : (21 November 2014 - 06:07 PM) No idea
santana Icon : (21 November 2014 - 06:07 PM) Direct tv announced they will be showing it though
ganggreen2003 Icon : (21 November 2014 - 06:08 PM) I just found out it will not be shown nationally
MikeGangGree... Icon : (22 November 2014 - 08:23 PM) 4 TDS for THE DUCK
MikeGangGree... Icon : (22 November 2014 - 08:24 PM) and 400 total yards
MikeGangGree... Icon : (22 November 2014 - 08:24 PM) WOOOOOOOO
santana Icon : (22 November 2014 - 09:15 PM) quack
azjetfan Icon : (22 November 2014 - 11:04 PM) Meanwhile back at the ranch Winston almost was ejected from the game.
MikeGangGree... Icon : (Yesterday, 12:50 AM) SUCK FOR THE DUCK
HarlemHxC814 Icon : (Yesterday, 10:09 AM) TEH CRYSTAL PALACE
santana Icon : (Yesterday, 11:27 AM) Lulz
HarlemHxC814 Icon : (Yesterday, 01:38 PM) Brad Smith just took a shot
HarlemHxC814 Icon : (Yesterday, 01:38 PM) Wow
santana Icon : (Yesterday, 01:51 PM) saw that
santana Icon : (Yesterday, 01:51 PM) smithsiah
santana Icon : (Yesterday, 01:51 PM) will return
santana Icon : (Yesterday, 01:51 PM) king of the juice
ROBJETS Icon : (Yesterday, 01:53 PM) Sanchez int at Eagles 30
ganggreen2003 Icon : (Yesterday, 06:39 PM) So yeah umm anyone know if the game is going to broadcast on national TV tomorrow?
azjetfan Icon : (Yesterday, 06:52 PM) From what I have read it will be on in the NY and Buffalo areas as well as Ticket. That's it
ganggreen2003 Icon : (Yesterday, 06:57 PM) well that fucks everyone who is outside of the area
Jetsfan0099 Icon : (Yesterday, 07:05 PM) Sanchez 3 straight 300+ yards passing games
Jetsfan0099 Icon : (Yesterday, 07:05 PM) FIRE IDZIK
Jetsfan0099 Icon : (Yesterday, 07:06 PM) I have no faith in Idzik hiring a good HC or signing/drafting good players.
azjetfan Icon : (Yesterday, 08:28 PM) I saw a old dude and his wife at a pizza shop tonight. He was wearing an old timers service hat. I picked up his tab.
santana Icon : (Yesterday, 08:46 PM) FIRE COUGHLIN
Jetsfan0099 Icon : (Yesterday, 09:15 PM) I love how there are so many rookie WRs beasting it in the deepest WR class in a long time, yet our genius GM couldn't land one.
Jetsfan0099 Icon : (Yesterday, 09:15 PM) My guy Odell Beckham torching the Cowboys
Jetsfan0099 Icon : (Yesterday, 09:17 PM) Look at this catch he made, sick https://mtc.cdn.vine...P67xwaORGsCqtLF
santana Icon : (Yesterday, 10:09 PM) http://www.gfycat.co...sharpnosepuffer
santana Icon : (Yesterday, 10:09 PM) Another link
Jetsman05 Icon : (Today, 06:20 AM) Your guy Odell lol
Jetsman05 Icon : (Today, 06:20 AM) I ravedddd about him
Jetsfan0099 Icon : (Today, 08:26 AM) he was the guy I wanted most out of the draft. I knew we had no shot at Watkins or Evans.
Jetsman05 Icon : (Today, 08:59 AM) Pretty sure i remember talking to you about him
Jetsfan0099 Icon : (Today, 09:33 AM) yeah we talked about him, I remember you loved him too. When I started paying attention to potential draft guys he was the guy I wanted most with our 1st round pick. This was before he was talked about as a legit first rounder, then he skyrocketed up the boards and ended up going too high for us.
Jetsman05 Icon : (Today, 09:37 AM) I was and am huge on Jarvis Landry too
santana Icon : (Today, 11:04 AM) I knew about odell since grade school
Jetsman05 Icon : (Today, 11:12 AM) You don't follow football.
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 online   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 2,977
  • 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 online   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 2,977
  • 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