🚀 go-pugleaf

Alan Grossberg (snowbird@ix.netcom.com) wrote:
: For the past several years, most banks have done everything in their power to 
: discourage the average customer from using their tellers (most of whom are 
: newly-trained morons whom I'd rather NOT see anyway.....the feeling is more 
: than mutual). Now they have the nerve to raise their ATM fees substantially 
: and blame it on rising costs. There have also been reports that some banks 
: are studying/considering the feasibility of charging customers for using a 
: teller. What the hell do they want us to do.....keep the $$$ under a 
: mattress?
: BTW.....ATM's are basically the financial self-service equivalent of 
: self-service gas stations. Last I checked, gas prices at self-service pumps 
: were cheaper than full-service. Bottom line: the banks are PIGS.

An article in Consumer Reports in the last few years documented how much 
lower the per-transaction cost is at an ATM than it is at the teller 
window, and asked why banks were charging us more to do what was more 
convenient for tem, too.  It seems like the answer is that the market 
will bear it, since it is more convenient for the consumer, too.

Perhaps we should boycott ATMs and always only go to the teller.  As soon 
as I have to start paying for an ATM transaction, I will do just that.

Peter

--
Peter Hoogenboom                        phoogenb@wlu.edu
Department of Music, DuPont 208         hoogenboom.p@fs.sciences.wlu.edu
Washington and Lee University           phoogenboom@wesleyan.edu
Lexington, VA 24450                     (540) 463-8697