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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

951.0. "Its policy" by NPSS::NPSS::BADGER (Can DO!) Wed Sep 13 1995 16:54

    This is written partly as a warning for unsuspecting members.
    
    My wife's checking account was terminated WITHOUT warning after being
    inactive.  We recently elected to write two checks against it, knowing
    that they would it her overdraph protection.
    
    Of course, the checks bounced.  Not only that, the first one came back
    with $25 penalties, and revocation of our car's registration.
    
    "It's policy" to cancel these accounts is DCU's responce.  Even  though
    we were not notified that the account was closed. we regularly recieved
    statements that led us to believe it was open.
    
    I think DCU was a little over zealous in this case.  Their excuss is 
    money savings, they don't have to send a monthly statement.  Guess
    what,  I still got monthly statements even though it was closed. 
    
    I think I'd rather have fees.
    
T.RTitleUserPersonal
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951.1happy endingNPSS::NPSS::BADGERCan DO!Fri Sep 15 1995 09:1766
    
    Well, progress has been made at headquarters.  I think we struck a
    no-fault deal.  They agree to pay the charges encountered in this mess.
    Not so cheap.  The state of New Hampshire issued me a $25 fine and
    revoked my registration.  Then they are charging me another $50 to
    reinstate my registration [all this on top of the original check].

    DCU did know that these checks were being charged against a closed 
    account.  My question to them was why didn't they call me.  The answer
    was that this happens very frequently.

    the no-fault comes in as they can no more prove that they sent me a 
    close-account letter then I can say I ever received one, in fact it is
    even harder for me to prove that I didn't receive one.

    In something as important as closing an account, there has to be more
    an interlock, or two way communication.  Since I still have checks, I
    still have the ability to *think* I can use the account.  Perhaps they
    did send something.  I don't think so , but I do get *at least* six
    pieces of DCU mail each month to sort through.
    Perhaps, they can send the notices via certified mail.  OK, could cost
    an extra 50 cents, but look at the costs involved here by not doing
    notification, that at a bear minimum did not communicate with me.

    Or let the account remain open and charge the fee.  The account that
    was closed was planned to be used.  We had been prepared to pay that $2 
    per month to keep it open until we were ready.  Then came the no fees
    gang that saved me money.

    Then there is the information center.  And the famous "its policy"
    reply.  That doesn't smack of a member oriented institution.  "its
    policy" is something you hide behind.  Since this issue could be worked
    at a higher level than the information center, perhaps its time to give
    the people at the center a little latitude so that they can make some
    reasonable compromises without hiding behind policy.  "its policy" is
    from pre-RC times, but its still here.
    perhaps they should look at modifying the information center to add a
    problem center division.  I rarely ever call the info center for normal
    business which they seem to excel at, but when I have problems like
    DCU cashing check for more than they are written for, or for VISA being
    declined when it shouldn't, or in this case, account closed.  The info
    center is not prepared to handle these cases.  I've always had to 
    skip management levels to get real work done.

    This leads me to one of the bright spots in this episode.  I had a talk
    with Carlos.  I want to congratulate the BOD on hiring this person.
    He was respectful and a careful listener.  He is full of ideas and 
    seems like a member oriented person.   There are good things going to
    be announced soon.  I hope he can get out and meet members at the 
    meet the pres meetings that Chuck did so poorly at.

    summary:

    1. if an account is to be closed, make sure the member knows it.  Use
       some sort of interlock method BEFORE closure.

    2. take the handling of problem situations away from the information
       center.  They can only provide information, some of it is the
       ability to read policy.  People with problems need an action plan.

    3. Get Carlos out to the members and DEC sites.  He could do for DCU
       what Lee Iacoco did for Chyisler.

    ed


951.2that's good news!WRKSYS::SEILERLarry SeilerSat Sep 16 1995 10:3817
    Ed,
    
    I'm happy to hear that the problem was resolved, and that it turned out
    to be due to a communication glitch about your account closure, rather
    than a policy of not informing members (the impression I got from .0).
    I think you make a very good point that requests for information and
    requests for problem resolution require different procedures.
    
    I'm also very happy to read your praise of Carlo.  I have had the same
    impression of him and I'm glad that you feel that way, too.  I'm looking
    forward to lots more good stuff at the DCU.  
    
    	Enjoy,
    	Larry
    
    PS:  This year's DCU strategic planning meeting is coming up soon.  
    If anyone has ideas to share with Board members, now is the time.  LS