Why Do You Have A Brick & Mortar Bank?

Camper6 said:
A lot of stores here now have the cash back feature. If you buy groceries for instance and ask for cash back they will give it to you but only on debit not credit cards.

Really handy. I don't have to go to the ATM to get it and there's no extra charge. It's just a convenience.

Walmart I notice has the cash back feature.
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Yes, but there is a limit and sometimes it's only about $40.
 

CeeCee said:
Yes, but there is a limit and sometimes it's only about $40.
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That's changed, CeeCee. Walmart will give you a couple hundred cash-back. Big stores like that will. Smaller stores have to rely on what's in the till, so sometimes they will give you, say, $50 or $60, but the next time maybe not. It can also depend on who's in the store or in the queue, too. There's certain customers the clerk doesn't want to know he let the cash in the till build up.
 
Cap'nSacto said:
That's changed, CeeCee. Walmart will give you a couple hundred cash-back. Big stores like that will. Smaller stores have to rely on what's in the till, so sometimes they will give you, say, $50 or $60, but the next time maybe not. It can also depend on who's in the store or in the queue, too. There's certain customers the clerk doesn't want to know he let the cash in the till build up.
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I seldom do it so didn't realize it's changed.
 

Kroger has cash back with debit card if groceries purchased. I've gotten $100 but they will allow more.

Also, some grocery stores have a small bank branch inside where you can do certain transactions. A bank manager usually has a small office where customers can conduct more time consuming business, even on weekends.
 
Lon said:
I never have a problem getting the cash that I might need from any ATM using my Debit Card.
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Don't care to use ATMs, don't they charge you a fee each time you use them? Also don't care for debit cards, only have credit cards, more secure.
 
I almost never use cash for anything, and I pay all my bills online, Both of my banks have brick and mortar buildings, but I haven't been in one of them for years, and the other one, never -- it's in another state. My debit card is protected 100% from unauthorized use by the bank that issued it.

My sister, however, still used checks until just a bit ago, when she had someone forge a check (they get your info and create a blank check, so they don't have to really steal one of your checks) for a fairly large amount. The bank put her money back into her checking account because the signature was clearly a forgery. Now she uses online banking, too. Paper checks are no safer (less so, maybe) than online banking. Who knows how many people handle a paper check you write at a store before it gets to the bank.
 
Thanks AC, I think the last time I used an ATM was back in the 80s, when there were no fees at all.
 
I remember about 15 yrs ago I used to use a drive up ATM at a bank located in a somewhat isolated area with lots of trees/bushes and at night it was pitch black. Now, when I recall doing that....what was I thinking?! :eek:mg1:
 
I like to try to pay cash if possible to some local small businesses, because they have to pay a fee every time a customer uses a credit card.
 
Just for my safe deposit box a few times when I had one. Otherwise, I get cash back after grocery shopping, and I carry less than $50.00, usually.

I should change banks. My bank began to charge $5.00 to draw from a foreign ATM machine awhile back, even though I have savings, checking and a mortgage with them. It didn't used to be that way. They have only 2 branches with their own machines in town; both inconvenient for me now, but not when I began. I hate going to the bank and stay out of it almost indefinitely.

I know some banks (and formerly mine) would give free withdrawals at foreign ATMs, then limited to 3 transactions a month if you had all your accounts with them. Now, nothing.

I was in there once to go over a bank error quite some time ago and was shocked to see a nice tool kit being given as a promotion for opening an account. I mentioned to the lady I would like one, half kidding, but she very snootily said oh no, that''s only for opening a new account and sarcastically, too. That did it, not only did I have to waste my time due to their error, then her attitude.

So I said "Fine, let's open a new account now". She said, oh alright, go to the counter and get one, we don't have to open a new account.
 
Don't trust ATMs as I see people in line behind me and afraid I will be robbed. I walk with a cane and my daughter tells me I would be an easy target. I use the drive thru to get cash when needed. My bank has a spot you can pull into and count your money etc before leaving the area. I don't go into the bank as I can do most of my stuff online even paying my credit card with them. Its a safety issue with me. People know you are taking money from an atm.
 
I go in the bank at least once a month. It's good to get to know the people who work there. Once I had a problem with my ATM card. I went inside to see what the problem was. It had been canceled because I hadn't used it in a while. The teller called the home office to see about getting it reinstated. I guess the bank was careful in case someone had found the card and was trying to get the PIN. I only heard her side of the conversation but when she said "yes, I know him, he's a regular customer" the card was approved immediately.
 
Brick & mortar good when you have a need of a safe deposit box, other than that electronic is all we use. ATM use is free at hundreds of locations around town but limited to $500.00 a day. Since credit card use gives cash back hardly ever carry cash anyome. A long time ago when using paper checks & waiting for the monthly statement finding out a check was lost in the mail or an account wasn't paid due to a lost check and late fees were applied having instant access and printable proof of on time payment online life is good.
 
I could get by w/o a brick and mortar bank. But everything works fine as is. SS checks auto deposited there and drafts to pay bills set up. My bank is a regional one and I use their ATM's throughout the southeast when traveling. Again, I could change but it works so no need to change. Plus i'm too lazy. ;)
 
The last time I was at the bank it was to bring a deposit from work. There were young women and men that stood and acted like customer service supervisors greeting, making sure you knew the next teller would help you asap, etc.
Is THIS that social interaction you can do without LonšŸ˜Š
It was slightly annoying and unnecessary.
But Aunt Bea, if they served Danish and coffee that would be a different story!
S
 
hearlady said:
The last time I was at the bank it was to bring a deposit from work. There were young women and men that stood and acted like customer service supervisors greeting, making sure you knew the next teller would help you asap, etc.
Is THIS that social interaction you can do without Lonļ˜Š
It was slightly annoying and unnecessary.
But Aunt Bea, if they served Danish and coffee that would be a different story!
S
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When I go to the Bank of America they have the manager or assistant manager stand in the lobby and greet customers when they have nothing to do, it makes me crazy!!! They always ask if they can help and so far all they have been able to do is put on a frowny face and point to the line of customers waiting for a teller. I would much rather see them behind the teller line waiting on a customer!

As for the Danish and coffee, I never eat lobby food, supermarket samples, etc... the very idea of it skeeves me out LOL!!!
 
I like brick and mortar banks because I have no idea where the 100% online banks are, and who is running them. I see no reason why one couldn't fold, overnight, and abscond with my money, leaving me without recourse, as that pertains to actually knowing who took my cash! Yes, I know about FDIC, and such, but I still want any bank that holds my money to have a material presence in my town. That being said, I do 95% of my banking online, BUT with banks that are brick and mortar in my town.
 
I worry about none of the combinations, online, ATM or in the bank. All personal choices and a little common sense regarding ATM's away from the bank and the time of day when you use them. I've never had a problem with any of the choices. As far as ATM's go, the credit union that I belong to has a veteran's ATM system as long as you have a minimum of $500 dollars in an account. All fees reimbursed as soon as withdrawal shows up in your account. It's been handy when out of state for long periods when I find ATM's my preferred way of drawing money.

I do like knowing the employees and manager of my local branch. If and when I had a problem, I would feel more comfortable talking with a familiar person and not a complete stranger.
 
Convenience. We usually use ATMs and our bank has one of the two biggest distribution networks of ATMs in our state. We don't pay for the account, don't pay any fees except for renting a small safety deposit box. Debit card disputed charges are covered 100% by most large banks.

We use charge cards for the points acquired.
 

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