5 Secrets Big Banks Don't Want You To Know
Banks and their customers have a mutual relationship. We need them as much as they need us. Although we'd like to think our banks are looking out for us, they're not always as transparent as we'd like them to be. There are aspects of banking that aren't widely known or advertised, and many unsuspecting customers probably aren't aware of these "secrets." Learn five secrets your bank doesn't want you to know about. 1. Banks want you to walk in to their branches When you walk into a branch, the teller seems delighted to see you, but don't be fooled, there's more to it than that. Tellers always seem to be pushing for you to open new accounts but that's because their jobs depend on it. They are salespeople and have quotas to meet. Each new account you open means they will receive commission. Tellers are also required to send a certain amount of customers to the personal bankers at their desk. The biggest commission bankers ...