Because banks’ primary customer is not Joe Everyman who works a 9-5. Their primary customers are other companies. Your checking account is barely even a drop in the bucket compared to the billion dollar company that has five hundred accounts set up for their various incomes and expenses.
But the reason there is a local bank branch in your neighborhood isn’t for that one business owner nextdoor to deposit their brief case of cash at 11am
Isn’t it, though? I mean this as a genuine question. The alternatives are to either buy a safe or to have tons of cash in your register at the end of every day, so I could honestly see banks getting plenty of business for this purpose, but maybe I’m wrong about that.
The local branch is for when average joes are doing a big transaction. So you take some time off of work to meet with the banker to complete the paperwork for your mortgage or other loan, or to setup your money market account, etc.
Reading the part of this article about London being paralysed by tube workers I could only think about the Crowdstrike shutting down millions of systems and yet, life went on as if it didn’t even happen unless you were yourself affected
Sure, their physical office is closed outside of business hours, but they have a 24/7 website and a call centre that runs late into the night. The last time I physically visited a bank was years ago and they actually couldn’t answer my question and referred me to their call centre instead.
Depends on the bank. I have accounts with 2 credit unions right now and both have WFH tellers who will help with account questions and whatnot from the comfort of their pajamas at home. And I can tell by the local accent and lack of background noise they certainly haven’t been outsourced out of the region if at all
Wait until you hear about banks lol
They open after everyone’s at work and close before anyone finishes work
Because fuck you, that’s why
Because banks’ primary customer is not Joe Everyman who works a 9-5. Their primary customers are other companies. Your checking account is barely even a drop in the bucket compared to the billion dollar company that has five hundred accounts set up for their various incomes and expenses.
But the reason there is a local bank branch in your neighborhood isn’t for that one business owner nextdoor to deposit their brief case of cash at 11am
Isn’t it, though? I mean this as a genuine question. The alternatives are to either buy a safe or to have tons of cash in your register at the end of every day, so I could honestly see banks getting plenty of business for this purpose, but maybe I’m wrong about that.
The local branch is for when average joes are doing a big transaction. So you take some time off of work to meet with the banker to complete the paperwork for your mortgage or other loan, or to setup your money market account, etc.
I bank at a local credit union. It’s a very small operation with only a few branches.
They have the same hours.
Funny thing is they’re there working after public hours. What are they doing? No one knows
https://strikemag.org/bullshit-jobs/
Reading the part of this article about London being paralysed by tube workers I could only think about the Crowdstrike shutting down millions of systems and yet, life went on as if it didn’t even happen unless you were yourself affected
No, because originally banks were for the wealthy that didn’t have to keep another man’s hours.
Sure, their physical office is closed outside of business hours, but they have a 24/7 website and a call centre that runs late into the night. The last time I physically visited a bank was years ago and they actually couldn’t answer my question and referred me to their call centre instead.
Outsourced and overseas call centers don’t count.
It’s called “Work from Home”. Not outsourced and overseas call center.
Lol ok sure
Depends on the bank. I have accounts with 2 credit unions right now and both have WFH tellers who will help with account questions and whatnot from the comfort of their pajamas at home. And I can tell by the local accent and lack of background noise they certainly haven’t been outsourced out of the region if at all