By The Numbers: Banking

Thursday, February 25th, 2010

Information Update

Phone calls and bank trips needed to initiate a change on my bank accounts: 3

Confirmation letters received to my “old address”, making sure this change was authorized: 2 (one for each account)

Confirmation letters received at my “new address”, informing me of the change: 1 (oddly, one letter for both accounts)

Changes of address I was actually making: 0

Number of letters I was removing from my name: 1

Understanding of why bank fees are so expensive, when it takes all this to go from Paul R. Kafasis to Paul Kafasis: High

TD Bank Redux

Number of days from when the new TD Bank put up their “Open 7 Days A Week” sign to when they opened (predicted): 85

Number of days from when the new TD Bank put up their “Open 7 Days A Week” sign to when they opened (actual): 107

Logic of putting a sign claiming to be open up first, and then finishing construction of the actual business: 0

Records

Encouragements to “go green”, and use paperless electronic bank statements: Nearly ∞

Cost savings to the bank when I did so: >$0

Cost savings to me when I did so: $0

Months’ worth of electronic statements my bank keeps readily available: 12

Cost to retrieve an older statement: $15

My understanding of the phrase “going green” in this context: “Reducing unnecessary use of paper, thereby saving trees”.

Actual meaning of “going green” in this context: “Your green is going into the banks’ coffers”.


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