Poll of the Day > why do banks close so fuckin early

(+) Yeah! (+)

like what is this bullshit, what bank closes lobby at 3pm

If you have to work you're poor and they don't care about you

So they can sit back and count Yo Money, Honey!

What are you gunna do, find a competitor? haaaaaaaa

Banks provide no services superior to hiding cash under a rock

According to Google it's a combination of operating costs and the fact that closing out takes hours.

DeathMagnetic80 posted...

According to Google it's a combination of operating costs and the fact that closing out takes hours.

You'd think they'd want to be open when most people aren't working their 9-5 though. Instead they overlap with most people's work schedule which leads to less people going and thus getting less people giving them money/ using their services. Move those same 8 (or however many) hours into the evening and they'd make more.

Muscles posted...

You'd think they'd want to be open when most people aren't working their 9-5 though. Instead they overlap with most people's work schedule which leads to less people going and thus getting less people giving them money/ using their services. Move those same 8 (or however many) hours into the evening and they'd make more.

I'd think they wouldn't want to have shifts that would push into night time for security reasons.

DeathMagnetic80 posted...

According to Google it's a combination of operating costs and the fact that closing out takes hours.

I work at a bank and used to work on the branch side. It typically only took 15 - 30 minutes to close tops. I mean maybe it took an hour once on the busiest possible day when a ton of stuff went wrong but I dont think its the norm. Although before computers I could see it taking awhile to balance the cash.

To answer the question though, a lot of banks are having trouble fully staffing branches lately because its a lousy job that doesnt pay much.

i don't think they've been having trouble fully staffing branches for the past 100 years

BlackScythe0 posted...

I'd think they wouldn't want to have shifts that would push into night time for security reasons.

Actually...that does make sense.

Because 90% of banking can be done online or at an ATM, so why go into a bank branch?

I think the last time I went into an actual bank branch was when I needed to get a certified check to buy a car with, and that was almost 10 years ago. I opened a Roth IRA with my bank 3 years ago and was able to do it all on my phone.

ah yes, 90% of banking is...moving money from checking or savings, or withdrawing money

that other 10%?

not important

ConfusedTorchic posted...

ah yes, 90% of banking is...moving money from checking or savings, or withdrawing money

Or opening an account, depositing a check, requesting a loan, etc.

All stuff most banks let you do online nowadays.

BlackScythe0 posted...

If you have to work you're poor and they don't care about you

This.

I work for a bank and there is almost zero reason to go to a branch. They're basically obsolete and only exist to cater to old people.

Only regular reasons would be to get a debit card made on the spot, a cashier's check, an international wire that can only be sent when the fed is open anyway, or if you're referred to one due to security concerns.

BADoglick posted...

I work for a bank and there is almost zero reason to go to a branch. They're basically obsolete and only exist to cater to old people.

Only regular reasons would be to get a debit card made on the spot, a cashier's check, an international wire that can only be sent when the fed is open anyway, or if you're referred to one due to security concerns.

or apply for a loan
or set up a trust
or use a safe deposit function
or get the services of a notary
or convert foreign money to regular money because almost no banks do that at a drive up
or, if applicable, dmv services instead of waiting thirty nine hours at the dmv
or, if applicable, pay utilities

just because you don't use any other function of a bank, doesn't mean no one else does lmfao

ConfusedTorchic posted...

ah yes, 90% of banking is...moving money from checking or savings, or withdrawing money

that other 10%?

not important

what did you have to do

ConfusedTorchic posted...

or apply for a loan
or set up a trust
or use a safe deposit function
or get the services of a notary
or convert foreign money to regular money because almost no banks do that at a drive up
or, if applicable, dmv services instead of waiting thirty nine hours at the dmv
or, if applicable, pay utilities

just because you don't use any other function of a bank, doesn't mean no one else does lmfao

most of these are available online lol

straight up none of them except for paying utilities can be done online

maybe a personal loan, but you're not getting a mortgage/commercial/agriculture loan online lmfao

and like why do places still want shit notarized like if the identity of you is in question it's not like going to a notary is gonna change anything

"yes this person is who they say they are"

ok how does the notary know lmao. every time i've had to use one, they never even asked me for identification

ConfusedTorchic posted...

straight up none of them except for paying utilities can be done online

maybe a personal loan, but you're not getting a mortgage/commercial/agriculture loan online lmfao

The banking app for my phone literally has buttons for each of those.

where do you live and what were you trying to do lol

like it sounds like you might want to consider a different bank tbh

Dikitain posted...

The banking app for my phone literally has buttons for each of those.

try it

because all you're doing would be filling a form out to schedule an in-person consultation i'd wager

ReturnOfFa posted...

where do you live and what were you trying to do lol

nothing i do all my bank stuff online

HEY those aren't answers >:(

ConfusedTorchic posted...

try it

because all you're doing would be filling a form out to schedule an in-person consultation i'd wager

I mean, I got a mortgage through my bank 12 years ago. I did it entirely online with the exception of closing. They did call me to get verbal approval to run a credit report, but I still didn't go into a bank branch. And that was before my bank had a phone app. So yea, little more than "filling out a form to schedule a in-person consultation".

ConfusedTorchic posted...

straight up none of them except for paying utilities can be done online

maybe a personal loan, but you're not getting a mortgage/commercial/agriculture loan online lmfao

The bank I work for offers all of those online lol maybe your bank just sucks

My bank does have branches with weekend hours. I do most things online but I still need to go in-person to cash money orders.

ConfusedTorchic posted...

i don't think they've been having trouble fully staffing branches for the past 100 years

I mean, my direct experience with the industry says otherwise but you think whatever you want.

gogues posted...

I mean, my direct experience with the industry says otherwise but you think whatever you want.

Branches are absolutely short handed idk what that guy is on about

Dikitain posted...

I mean, I got a mortgage through my bank 12 years ago. I did it entirely online with the exception of closing. They did call me to get verbal approval to run a credit report, but I still didn't go into a bank branch. And that was before my bank had a phone app. So yea, little more than "filling out a form to schedule a in-person consultation".

BADoglick posted...

The bank I work for offers all of those online lol maybe your bank just sucks

gogues posted...

I mean, my direct experience with the industry says otherwise but you think whatever you want.

https://gamefaqs.gamespot.com/a/forum/7/76a89529.jpg

Yep this has always annoyed the hell out of me too. The only time everybody can actually make use of a bank is lunchtime when the queue is so massive you may as well not bother.

Fucking no wonder theyre closing down all their branches, they get absolutely zero sympathy from me close them all down for all I care.

Zeus has boomer energy right now, LOL!

zeus isn't even in this topic

We have established long ago that you are a Zeus alt.

did you just inadvertently confirm my suspicion that usermaps aren't actually a thing

because i'm helly