Chartered Banks, Arrogant Dictators?

Banks, just plain bug me.They think it is their right to dictate how and when you can withdraw your money! You are not the customer, to be served, you are the sacrificial lamb to be striped of your money in anyway they demand. Want a loan for a car, go to them on bended knee. Think you can buy a house, better check with them first. Want to deposit a cheque, expect them to put a hold on it, no matter what your history is with the bank. They just don't care about you.

Here is my example. I got a cheque from a company that is not my employer, but they are a huge company that happens to deal with my bank. I go to deposit the cheque into my account, and they tell me that they HAVE to put a hold on the cheque. They know the cheque is good. They know I am a good customer, but they still HOLD the cheque for 5 working days. How can they justify that in this day and age? A cheque clears within a day, banks still feel it is their right to hold your money for 7 days. If this would have been a pay cheque, I would have been screwed! The teller and manager both told me that it was perfectly legal for the bank to hold a pay cheque even if they knew the company had the money, and it was a valid cheque.

In the days when I worked for a bank, if a person worked for a company and they came in with a cheque from that company, we would honour it as long as the company had the necessary funds. So what has changed? Have banks become dictators with your money? I think so, that is why I dislike them so much.

What made me even madder was the fact that a teller, by accessing my account told me who I worked for, and obviously knew how much I made, and how much I spent at my nearest Giant Tiger. Why should she have access to this information when all I was doing was depositing a cheque?

When you go into the bank, the teller should be blocked from accessing your account details. They do not need to see that you had a salad from Wendy's yesterday. All they need to know is that you have an account there and that you have the necessary funds for whatever you are doing.

Canadian banks are dictators. They follow their own rules and make you conform to them. They care nothing about you, or your history with the bank. I switched my mortgage out of the TD Canada Trust Bank, and three months later they called me asking how satisfied I was with my mortgage with them. That is have clueless the big chartered banks have become. They care nothing about you.

Banks need to get competitive. We need to stop going into the banks on bended knee to apply for a loan. We need to hit them where it hurts, mortgages. If you borrow 300,000 from them to purchase a house, you end up paying 900,000 or more to own your home, this is gravy to the banks. They do nothing to earn the money, but they reap the rewards, and their shareholders smile.

Stick with the credit unions, when you walk in there, they actually know your name, you are not just an account number. The chartered banks are arrogant because they think you have nowhere else to go but to them. If you do go to them, they become dictators of what you can or can not do with your own money. Most disturbing is that a minimum wage teller can access all your financial information. 

TD Canada Trust Infested With Liberals!

Got money in TD Canada Trust? Is your skin crawling and you can't figure out why? Get an itch every time you pass by a TD Canada Trust branch? You might be suffering from a Liberal infestation. It disguises itself as a totally innocent bank, but uses it's disguise to slam the Conservatives. It spouts Liberal talking points and is arrogant enough to think that you will buy it's disguise.

Don't believe me, check out BC Blue!

Not convinced yet?
Ed Clark on controversial greenhouse gas report

Mr. Clark, you will recall, was once nicknamed “Ed the Red” by oil patch executives for his role in coming up with the interventionist 1980 National Energy Program. Last week, Alberta premier Ed Stelmach referred to the program as he reacted to the study funded by TD.

“There won’t be another wealth transfer to Ottawa under my watch, I can tell you,” he said, according to the Edmonton Journal.

So, Red Ed caused all the pain that Alberta endured, and now he is the CEO of TD Canada Trust. Well that sucks.

Red Ed's talents don't end there. He is back slagging Alberta's oilsands, because he didn't destroy our province and wants to finish it off now.

As Globe and Mail reporter Shawn McCarthy has noted, it found that “Ottawa will have to lead a massive restructuring of the Canadian economy, with wealth flowing from the West to the rest of the country, if it is to meet its climate-change targets…The Conservative government’s goal of reducing greenhouse-gas emissions by 20 per cent by 2020 can be achieved, but only by limiting growth in Alberta and Saskatchewan.”

He has help. His main man Don Drummond pretends to be neutral but is anything but.

A prominent Canadian economist says Stephane Dion's "Green Shift" carbon tax plan is "a good start" that will leave the general Canadian taxpayer "better off."

"The idea itself is very sensible," Don Drummond, the chief economist at TD Bank, told CTV's Canada AM on Friday.

"There's a growing consensus to do something about emissions. We need to put a price on carbons. This proposes it."

Drummond said that "in most cases" the average Canadian will "be better off" because of income tax breaks and additional federal benefits included in the plan. He also noted that the Liberal plan also addresses a "bizarre situation" on energy taxes.

Bizarre? It is TD Canada Trust that is bizarre. They are infested with Liberals, who think nothing of slagging our Prime Minister. They are so arrogant that they think they can sponsor a report from Suzuki without us smelling a rat.

The TD Bank financed Calgary-based Pembina Institute and Vancouver's David Suzuki Foundation to produce the comprehensive report. The group contracted with respected economic consultants, M.K. Jaccard and Associates Inc., to model the impacts of climate policies; Jaccard has done similar work for the Canadian government.

TD's chief economist, Don Drummond, said the bank has not endorsed any targets, though it has supported a policy of a national emissions cap. He said the bank's interest was to shed light on an area where there has been little informed debate: the likely cost of imposing regulations.

The banks interest is in sucking up to the Liberals. Mo Strong created the IPCC and is in hiding in China because of the Food for Oil fiasco. Climate change can yield the TD bank billions of dollars, that is why they are attacking the Conservatives. You see, the Liberals can not use any of their weapons on PM Harper because he has no ducks in this hunt.

It's not just me who is upset with TD Canada Trust. Sandy has an excellent post. She is too nice to promote a boycott, but I'm not. ING offers excellent savings compared to our banks, so why not switch? Dr Roy weighs in as well.

It's simple. Don't like a bank's CEO who gets millions dictating to you? Move your funds. Granted, TD Canada Trust thinks your little deposits are chicken scratch, they are only interested in the BIG OIL guys, who they turn around and slag to make themselves more green.

Switch your money to a Credit Union or any other small bank. They care about you. We switched our mortgage out of TD Canada Trust to a Credit Union and a month later we got a call from TD Canada Trust offering us a reduction in our mortgage rate. When I pointed out that we had switched our mortgage, they hung up. So much for caring about the average client. Typical arrogant Liberals.

I want Albertans to know that the CEO of TD Canada Trust was the guy who implemented the NEP (National Energy Program) that killed Alberta. TD Canada Trust also paid for a report that wanted to decrease Alberta's revenues. TD Canada Trust is no friend of Albertans. Make sure you are not their friend either. Email them. Let them know you are sick and tired of being the east's whipping boy/girl.

TD Canada Trust doesn't think you taking your $1000 out of their bank is important. If we all take our money out and tell them about it, the arrogant Liberal bank might just wake up. It might not be the tea parties like in the US, but it might be something all Canadians can get behind.