Home Forums FineTunedMac Community Lounge Oink Oink, You Banks, Oink Oink

Your experience reminds me of a conversation I had about ten years ago when I was involved in a joint management/union project for a client. One of the ladies with the union told me about a chequing account she had that went back about four decades.

During a long past major revision in banking regulations, one provision stipulated a bank could not change any conditions of a customer's account without the permission of the customer. That provision has been changed since but was 'grandfathered in' and remains intact for the customers who had accounts prior to the first revision.

Her account is one of the chequing accounts we all remember - cheques provided for free, no fees of any kind and a small amount of interest. Apparently only this lady and six other people in all of Canada still had one of those accounts and it was a giant pain in the butt for the bank.

She laughed when she told me about the many times the bank had made offers of all sorts of "bells and whistles" if she would just upgrade to something "more modern". But, as she said, "This account suits me just fine, so why would I change?"

Score one for the little guys.

ryck