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Entry Submitted by DeeDee McKay at 12:16 PM EDT on June 26, 2021
“Re: Banks and Bankers” by Debby T – 6.25.21
Find a credit union you can become a member of without too much hassle. Attend the public meetings and ask questions.
1.) Why if I deposit my money into a savings account am I only making 1% but you are lending my money out as loans at 7.5%?
2.) Ask for a list of salaries of all individuals who work for the credit union and question why the President is making $150,000 per year but the tellers only make minimum wage when they are the ones handling your money and doing all the work?
3.) Ask for job descriptions and question why certain people make so much and other make so little?
4.) Ask the president if he knows how to do the job of a teller and tell him to perform their functions, that you actually want to see him do their job. If he can then they are trust worthy, but mostly likely the higher ups of any financial institution have no clue accept “Yes, we will take your money!!!”
Do you research and ASK questions. Asking questions makes people is place of authority or power very nervous especially when you know just as much if not more than they do.
Sincerely,
DeeDee McKay
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