The Thank You Project: #190 (Chase Bank)

ThankYouIcon_190When you think about the amount of money that you have do you think about where exactly it is stored? I think I forget on a daily basis that most of my money is hypothetically locked up in a vault at Chase Bank (well that’s kind of a lie, I know it’s being loaned out on a daily basis, that is how banks work really). Isn’t it a nice thought that you can keep your money in a safe location, be able to access it at different locations around town and sometimes even collect interest for the bank keeping it? For this reason, I’m giving thanks to Chase Bank who currently receives all of my money every couple of weeks.

I think the importance of knowing that your money is safe can’t be overstated. I can’t even imagine keeping dollar bills in my own apartment and trying to hide it from other people. It’s funny because I can picture hiding some in my mattress which I’m sure is what some people did back in the day. However, we are assured that our money will be there in the bank no matter if it defaults because of the FDIC and how much they insure. How blessed are we that we can go to different stores and get cash very easily from an ATM or making a debit purchase?

For Chase Bank specifically, every interaction I’ve had with the South Bend branch has been a good one. They have always been helpful and especially when KristaRose and I had set up our own accounts with them, they were always following up and making sure we had everything that we needed. Chase bank is the first bank to not charge some ridiculous fees. I don’t think I have once overdrafted with Chase whereas with other banking companies and the way they do their transactions, I made some fatal errors early on.

So today if you find yourself looking for cash and using an ATM, think about how safe your money and how easy it is to get that money back. It really is a blessing that we have the option to do this, it makes life a lot easier.

The Thank You Project: #152 (Banks)

ThankYouIcon_152In recent years it seems that banks have been under fire for some of the policies that they have. Some were trying to impose additional fees for us to utilize our own money. Some just don’t have very good customer service. We’ve seen many people leave traditional banks for credit unions instead. While this is fine, sometimes I think we forget the purpose of a bank and how convenient it is to leave our money with them. For this reason, today’s thank you is for the bank system and how they help us on a daily basis with our money.

When I think about it, it’s a ridiculous idea that if there weren’t any banks I’d have to store all of my money in my house. I mean really think about it, could you find enough places to stash your cash in your place and have it safe and secure? I can just imagine having a mattress full of $20 bills or putting bills in ordinary objects like cans of beans etc. It would be a hard world to imagine and to live in so I am thankful I have the ability to put it in a safe place and have a guarantee that it will be backed up by the US.

So the next time that you go to the bank and you have some trouble with their policies, just think of how much of a hassle you would have if you didn’t have a bank to put your money into. I think we take these little things for granted sometimes and need to remember the basic reasons of why things are useful in the first place!