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Conference 7.286::dcu

Title:DCU
Notice:1996 BoD Election results in 1004
Moderator:CPEEDY::BRADLEY
Created:Sat Feb 07 1987
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1041
Total number of notes:18759

312.0. "Interest Rates No Longer Posted in MLO" by SLOAN::HOM () Sat Oct 12 1991 22:37

    About a two weeks ago, a DCU member commented to Chuck that the DCU
    interest rates on CD's as posted on the interest rate bulletion board 
    was not competitve with other institutions.  A short time later, the
    interest rate bulletin board was removed and DCU members had to ask to
    find out the interest rate. I askrd about it and a sheet detailing the
    interest rate was then handed to me.
    
    This may have been coincidence and there may be very good reasons
    not to post interest rates and instead xerox copies to be handed
    out to members.  (About the only reason I can think of is that each DCU
    branch had to make up the bulletin board and is therefore subject to
    error. On the otherhand, interest paid on deposit is a benchmark of DCU
    performance.) 
    
    Given that any action by the DCU will be subject to close secrutiny, why
    do anything that could even remotely be misintepreted?
    
    A question:  Is this situation unique to the Mill MLO branch?
    
    Gim
T.RTitleUserPersonal
Name
DateLines
312.1No info at CXO eitherSSDEVO::RMCLEANSun Oct 13 1991 23:121
  No
312.2Nashua, NHSTAR::BUDALighting fuses as I goMon Oct 14 1991 13:105
    I noticed a change at XKO also, but did not pay enough attention to
    what actually was done.  There were some rates listed, but the bulk of
    them disappeared.
    
    	- mark
312.3TAY2BAGELS::LEVYMon Oct 14 1991 14:151
    Also removed from TAY2.
312.4CSCOA1::HOOD_DNice legs... for a human.Mon Oct 14 1991 16:141
    Also removed from ALF.
312.5 HPSRAD::NOGUEIRAMon Oct 14 1991 18:132
Removed from MRO, but the Xerox was posted in it's place.
312.6SMARTT::MACNEALruck `n' rollTue Oct 15 1991 10:491
    The interest rates are updated at least weekly in LIVEWIRE.
312.7Pamphlets available; Updated weeklySTAR::BUDALighting fuses as I goMon Oct 28 1991 12:016
    I asked at ZKO and you will now have to ask and receive a pamphlet that
    contains the rates.  This is updated weekly.  This is a step forward,
    but I still miss reading the rates while waiting in line.  I usually
    have more than enough time to read it a coupel times. :-(
    
    	-mark