Interesting bank wordinggreenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
From Tri Counties Bank Year 2000 Readiness Disclosure:
"If you anticipate performing any significant or unusual transactions during the months of December 1999 or January 2000, we welcome the opportunity to discuss them with you so that we may address your concerns and identify possible solutions as early as possible."
-- anon (firstname.lastname@example.org), November 09, 1999
In other words, if you think you're going to be needing cash you better tell us now because it ain't gonna be there. If you tell us now we will try to arrange it so you can use an electronic credit line instead (funny money).
Wheew boy, sounds like they will be ready to close their doors at any time now. It'll be interesting to see what happens the day after Thanksgiving, the busiest shopping day of the year.
-- Hawk (email@example.com), November 09, 1999.
This tracks with the recent announcement of the Canadian Central Banks, in which they advised customers to withdraw any cash they might need before December 8, 1999. Needless to say, that is not only a significant date on the liturgical calendar, but is less than a month away now. Wouldn't it be imperative for the government of Canada and the US to coordinate any shutdown of currency supplies, if any sort of shutdown were truly being planned? Or is it more likely that each individual bank will be left to set its own policy?
-- SH (firstname.lastname@example.org), November 09, 1999.
SH, My need for accuracy causes me to intervene here. To the best of my knowledge, only one credit union in Calgary has warned its customers of the possible lack of availability of cash after December 8.
I have seen no reference to word from the Bank of Canada that "customers have been advised to withdraw their cash before December 8." Do you have a link/source for any such statement from the central bank? While I monitor Canadian news quite carefully, it is possible I missed something. Sure hope not; if Bank of Canada actually said this, it is big news.
-- Rachel Gibson (email@example.com), November 09, 1999.
How many branchs(sp?) does Tri County have? Are you concerned about this bank? Are there any problems that you know of?
-- Maggie (firstname.lastname@example.org), November 09, 1999.