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SVTPerformance's Chain of Restaurants
Road Side Pub
SVB is Now In the Hands of the FDIC
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<blockquote data-quote="Klaus" data-source="post: 16892132" data-attributes="member: 190070"><p>I have had to take control of my aunts financial life in the last few months. </p><p></p><p>She lives off of social security and a modest pension. Some shitbag kept ripping her off which required me to go to the bank multiple times to deal with it. </p><p></p><p>She banks at Huntington which is a joke regional bank. </p><p></p><p>I spent several hours at a branch in the middle of the day and observed:</p><p></p><p>There is an entire population that goes into the bank for cash. Mostly immigrants and old people. Working there would be depressing. </p><p></p><p>The bank employees are very low quality. They could just as well be working at Arby's. </p><p></p><p>The systems and procedures are a joke. </p><p></p><p>Example: Someone defrauded my aunt and swept her account. I challenged the charge and tried to shut the account down. They credited the account but refused to close it while the charge was outstanding. So the fraudsters came in and swept the credited amount. Absolutely. Retarded. </p><p></p><p>The flip is that these deposits are probably very sticky. Manual laborers that transact in cash are probably not paying attention to what is going on at SVB.</p></blockquote><p></p>
[QUOTE="Klaus, post: 16892132, member: 190070"] I have had to take control of my aunts financial life in the last few months. She lives off of social security and a modest pension. Some shitbag kept ripping her off which required me to go to the bank multiple times to deal with it. She banks at Huntington which is a joke regional bank. I spent several hours at a branch in the middle of the day and observed: There is an entire population that goes into the bank for cash. Mostly immigrants and old people. Working there would be depressing. The bank employees are very low quality. They could just as well be working at Arby's. The systems and procedures are a joke. Example: Someone defrauded my aunt and swept her account. I challenged the charge and tried to shut the account down. They credited the account but refused to close it while the charge was outstanding. So the fraudsters came in and swept the credited amount. Absolutely. Retarded. The flip is that these deposits are probably very sticky. Manual laborers that transact in cash are probably not paying attention to what is going on at SVB. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
SVB is Now In the Hands of the FDIC
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