Posted 6 years ago on Nov. 26, 2011, 6 p.m. EST by tmatsch
This content is user submitted and not an official statement
I have started to go back to paying cash for just about everything! It saves my local retailer money, it makes no difference to my balances, and it cuts the bank out of a cut of every transaction I make!
I think this should be strongly pushed as a policy to send the major banks a message.
Cash withdrawals from the lobby and/or the ATM are free and must continue to be so. Otherwise, there will have to be some way to demand payment from an employer, or even Social Security, in some form so as to bypass a bank account and therefore bank fees!
Maybe the banks will go back to making money from reinvesting our deposits like they used to do! Otherwise, why deposit?