InvestorsHub Logo
Followers 7
Posts 489
Boards Moderated 0
Alias Born 07/20/2007

Re: aquaspin post# 306

Wednesday, 08/20/2008 11:00:57 AM

Wednesday, August 20, 2008 11:00:57 AM

Post# of 621
aquaspin,

I'm all for DD but I think we all know what the answer to that question will be from the branch manager.

Just remember in banking today everyone gets commissions and/or bonuses and the biggest driver is new checking/savings accounts. A branch manager will do whatever it takes to get you to open a new account. I was a Vice President in retail banking for JP Morgan Chase, believe me banking is not banking anymore it is all about aggressive sales tactics. Heck even the tellers now have monthly sales quotas to meet. In the past it was great if tellers could refer a customer to a personal banker, now it is required and apart of performance evaluations. Way too much stress for someone you are paying $8.75 per hour. IMO

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.