In an unprecedented turn of events, the largest bank failure EVER just occurred last night at 6:15PM Pacific Standard Time.
Fortunately, JPMorgan Chase was there to buy us, so now Washington Mutual is safe. Had not WaMu been purchased, many bad things would have happened, one of which would include the collapse of the FDIC.
I personally am very excited about this. It would have been BETTER if none of this had happened, of course, but at least we won’t have a slew of concerned customers flooding into the bank day by day, closing accounts, and drawing out tens of thousands of dollars. It’s no fun when you’re criticized day by day for the way your company is going. We have LOTS of loyal customers too…but still, I want banking the way it used to be when I first started. That’s what I enjoy…doing regular transactions for everyone, but where everyone is happy.
I can’t wait to get back to that.
I type this as I am standing here at my station at work. It’s been a medium-slow day so far…but it might not be later on.
One thing comes to mind as I deal with the different customers that come in. If you ever go to a bank, any bank, that has automated dispensing systems (i.e. they don’t have cash drawers)…DON’T, please don’t…deposit loose coin to make a deposit “even”!!! Customers come in with a check for $90.03, and then deposit $0.97 to make it $91! We have to put this coin in an envelope, and drop it down a slot…which sometimes causes the envelope to break open, because of the weight of the coin. So PLEASE! No loose coin in the envelope. Or slugs. No slugs. We don’t appreciate that too much. Just thought I’d let you know, in case you were thinking of doing that.
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