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Banks have gone crazy...an 86 year old womans thoughts on this matter.

By
Managing Real Estate Broker with Alpine Lakes Real Estate Inc., NHRE# 02863

I try to remind myself everyday I'm in the service business, and I don't hold a monopoly in my real estate community. We are only as good as our most recent transaction and what clients take away from their contact with us on a day to day experience. Without further fan-fair, here is a re-print of a letter shared with me by a long standing client that understands service...and what is require to earn a repeat business relationship.   Enjoy!!

The story is a bit long...but so is the wait when lodging a complaint on a Banks automated voice mail.

 

86-year Old Lady's Letter to Bank

Shown below, is an actual letter that was sent to a bank by an 86 year old woman.
The bank manager thought it amusing enough to have it published in the New York Times.
 


Dear Sir: 

I am writing to thank you for bouncing my check with which I endeavored to pay my plumber last month. 
By my calculations, three nanoseconds must have elapsed between his presenting the check and the arrival in my account of the funds needed to honor it.
 I refer, of course, to the automatic monthly deposit of my entire pension, an arrangement which, I admit, has been in place for only eight  years.  You are to be commended for seizing that brief window of opportunity, and also for debiting my account $30 by way of penalty for the inconvenience caused to your bank.
 
My thankfulness springs from the manner in which this incident has  caused me to rethink my errant financial ways. I noticed that whereas I personally answer your telephone calls and letters, --- when I try to contact you, I am confronted by the impersonal, overcharging, pre-recorded, faceless entity which your bank has become.   
 
 
From now on, I, like you, choose only to deal with a flesh-and-blood person.  My mortgage and loan repayments will therefore and hereafter no longer be automatic, but will arrive at your bank, by check,addressed personally and confidentially to an employee at your bank whom you must nominate. Be aware that it is an offense under the Postal Act for any other person to open such an envelope.  Please find attached an Application Contact which I require your chosen employee to complete.  I am sorry it runs to eight pages, but in order that I know as much about him or her as your bank knows about me, there is no alternative.
Please note that all copies of his or her medical history must be countersigned by a Notary Public, and the mandatory details of his/her financial situation (income, debts, assets and liabilities) must be accompanied by documented proof.
 
In due course, at MY convenience, I will issue your employee with a PIN number which he/she must quote in dealings with me. I regret that it cannot be shorter than 28 digits but, again, I have modeled it on the number of button  presses required of me to access my account balance on your phone bank service.
As they say, imitation is the sincerest form of flattery. 
Let me level the playing field even further. 
When you call me, press buttons as follows: 

IMMEDIATELY AFTER DIALING, PRESS THE STAR (*) BUTTON FOR ENGLISH 

#1.
To make an appointment to see me 

#2. To query a missing payment.
 

#3. To transfer the call to my living room in case I am there.
 
  

#4 To transfer the call to my bedroom in case I am sleeping
 

#5. To transfer the call to my toilet in case I am attending to nature. 

#6.. To transfer the call to my mobile phone if I am not at home
 

#7.
To leave a message on my computer, a password to access my computer is required.    Password will be communicated to you at a later date to that Authorized Contact mentioned earlier. 

#8. To return to the main menu and to listen to options 1 through 7. 

#9. To make a general complaint or inquiry.  The contact will then be put on hold, pending the attention of my automated answering service.

#10. This is a second reminder to press* for English.
       While this may, on occasion, involve a lengthy wait, uplifting music will play for the duration of the call. 

Regrettably, but again following your example, I must also levy an establishment fee to cover the setting up of this new arrangement.
May I  wish you a happy, if ever so slightly less prosperous New Year? 
Your Humble Client 

And remember: Don't make old People mad.
We don't like being old in the first place, so it doesn't take much to piss us off.
      Let us try to remember retired people have all the time in the world to point out your flaws it's best not to give them the chance...to talk about you!!
Posted by

                       

                                                                                                                                                                              Your-White Mountain New Hampshire real Estate Expert

                    steve@alpinelakes.com toll free 800-926-5653 /cell 603-381-7898

                        MLS search and Realtor web site: www.alpinelakes.com

                         My outside Blog: www.steveswhitemountainblog.com

                    Lincoln NH &  Local interest site: www.localism.com/nh/lincoln

    Grafton County NH MLS search

Charles Edwards Bentonville
Coldwell Banker Harris McHaney & Faucette 479-253-3796 - Bentonville, AR
AR REALTOR, Bentonville Real Estate Agent and Broker

Touche Steve. I think I know why people drink and why they want to carry weapons. HAH!

Aug 22, 2010 04:43 AM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Kathy...I agree should all call default to the assumption that English will be the voice in the machine, when calling anywhere in the US?

Aug 22, 2010 04:51 AM
Gerry Michaels
Glasswork Media Arts - Gettysburg, PA
GettysburgGerry Social Meida

Steve, great post, I am going to reblog if you don't mind, I love this, my only question is regarding your opening paragraph, you mention a "transaction". What is a "transaction"? I can't seem to remember that one....

Aug 22, 2010 05:00 AM
Ken's Home Team LLC. | 360.609.0226 | Portland, OR & Vancouver, WA Real Estate Team
Ken's Home Team LLC. - Vancouver, WA
- SOLD IS OUR FAVORITE 4 LETTER WORD -

Thats great you got to love this... I have seen things like this in the past, and can do nothing but laugh.

Aug 22, 2010 05:12 AM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Gerry...feel free to re-blog, for the record (and you may be tested on this) a transaction in our field is the conveyance of real estate from one party to another for a professional service fee...here after know as a commission...remember commissions I was so fond of them in the old days.

Aug 22, 2010 05:20 AM
Sally Dunbar
Lyon Real Estate, Fair Oaks CA (Sacramento Area) - Fair Oaks, CA
Fair Oaks Realtor - Fair Oaks Homes for Sale

Steve - She is a jewel.  Why don't you get her blogging over here.  She would zoom to #1 in a heartbeat.  What a great litter, written by a great wit.

Aug 22, 2010 05:41 AM
Laraine Shape
Comey & Shepherd Realtors - Glendale, OH
Selling Cincinnati...one kitchen at a time

Let me guess....Bank of America, right?

Aug 22, 2010 07:38 AM
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

So funny. And, yet, it's a sad commentary on the way things are these days. But more funny than sad!!!

Aug 22, 2010 07:59 AM
Kaera Mims
Liz Moore & Associates - Fort Monroe, VA
Associate Broker, e-PRO, REALTOR; Hampton, Newport News, York Co.

OMG, so HILARIOUS! I love our 'mature' ones. Thanks for sharing. Much success to you...

Aug 22, 2010 08:11 AM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Ralph... I'm not at liberty to say until I have removed my funds from the bank in questions.

Aug 22, 2010 08:34 AM
Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Steve, 

Funny!  There are so many times I am at BOA wondering why the heck they are so against helping their customers, with an almost anti-customer mind-set?  Now, don't get me wrong, there are nice people there, but the policy people need to be shot!

All the best, Michelle

Aug 22, 2010 01:47 PM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Michelle,  I have an escrow account with a local bank, they by law don't pay any interest...then they charge me for checks and a monthly service fee...for putting my clients money in their bank...what is up with that, do they think we are stupid?

Aug 22, 2010 02:34 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Steve, the one that gets me is when a bank charges me for letting them use my money.  Something wrong with that picture.

Aug 22, 2010 02:34 PM
Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

OMG - I coulda, woulda, shoulda written that....it has certainly gone through my mind (and out again) so many darn times. 

What a great way to start the week!  working with banks again.........

Aug 22, 2010 03:25 PM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Suzanne...What keeps coming to mind is the "to big to fail" statement, no matter how big you are if your service sucks you should fail.

Aug 23, 2010 01:10 AM
Home Loan Search.Online
Home Loan Search Online - Newnan, GA

This is hilarious. I wonder if we can get something like that set up on a larger scale...

Aug 23, 2010 01:48 AM
Jack Sterback
Coldwell Banker Select professionals, Lancaster , PA. - West Lancaster, PA
Relocation Specialist

WOW.  I would like to meet this lady! To be so sharp and full of life at 86 is fantastic!

Aug 23, 2010 02:50 AM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Jack...I hope to be as sharp as this Gal, when I reach her age.

Aug 23, 2010 03:25 AM
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

This is very funny. I wonder if there was any response. Thanks for sharing.

Aug 23, 2010 08:04 AM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Melissa...how do you respond to this, we vote with our money and if it were simple to change your mortgage, line of credit...direct deposit and direct withdrawal...we would all try a new bank, if they treated you poorly. Unfortunately the difficulty of change make many suck it up and say nothing.

Aug 23, 2010 08:21 AM