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stinkcat_14
Guest
I am not sure how anyone is harmed by having one more choice in the marketplace. I do know that several of my immigrant friends use them to transfer money overseas because they are cheaper than the check cashing places.
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Brianmcg321
Guest
They may as well. They cash more checks than all the banks combined.
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John_Lazarus
Guest
Loblaw’s (a major supermarket chain) in Canada has chequing and savings accounts, all with the PC (President’s Choice) debit card. They may very well have more banking services, I don’t know.
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freeRadical
Guest
Not to mention, they will probably do it better than current traditional banks.I am not sure how anyone is harmed by having one more choice in the marketplace. I do know that several of my immigrant friends use them to transfer money overseas because they are cheaper than the check cashing places.
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Holly3278
Guest
This is interesting. I hope that they do well.
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oldgraymare2
Guest
I think that it’s a good idea actually, as they already offer many banking-type services as it is.
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Son_of_Niall
Guest
Sounds like they are heading toward the old “company store” racket that was dismantled years ago.
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stinkcat_14
Guest
I don’t see how, after all, nobody is forced to have a bank account with them.Sounds like they are heading toward the old “company store” racket that was dismantled years ago.
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Son_of_Niall
Guest
And nobody was forced to shop at a company store either…at first.I don’t see how, after all, nobody is forced to have a bank account with them.
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stinkcat_14
Guest
So, just how will Walmart force us to use their bank?And nobody was forced to shop at a company store either…at first.
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didymus
Guest
They certainly have more convenient hours than regular banks.Not to mention, they will probably do it better than current traditional banks.
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freeRadical
Guest
How would this make Walmart employees more dependent on Walmart?I have a cautious ‘wait and see’ feel here.
Many employees I have seen are already so dependent upon their employer for so much more then work that a wonder if they will end up with more dependence.
Unless Walmart forces their employees to use their checking accounts, which I don’t see happening.
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estesbob
Guest
Since they can write these checks at any establishment they want your analogy is flawed from the start.Sounds like they are heading toward the old “company store” racket that was dismantled years ago.
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andrewstx
Guest
I will stick with my small town credit union. They have fast friendly service and know me so well that I haven’t been asked to show ID in years. I wonder how long you would have to wait in line for a WallyWorld bank?Not to mention, they will probably do it better than current traditional banks.
I have not set foot in Wallmart I haven’t set foot in a Wall Mart for years. Their canned and frozen foods are good. But meat and produce stinks. And the clothes are made cheap and fall apart quickly.
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estesbob
Guest
The people who will be getting checking accounts with Wal-Mart would not be accepted by a Credit Union. I am glad you don’t shop at Wal mart-makes the lines shorter for the rest of usI will stick with my small town credit union. They have fast friendly service and know me so well that I haven’t been asked to show ID in years. I wonder how long you would have to wait in line for a WallyWorld bank?
I have not set foot in Wallmart I haven’t set foot in a Wall Mart for years. Their canned and frozen foods are good. But meat and produce stinks. And the clothes are made cheap and fall apart quickly.
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andrewstx
Guest
Boy am I far from rich. I have to survive on $700 a month SSI payments due to me being disabled.The people who will be getting checking accounts with Wal-Mart would not be accepted by a Credit Union. I am glad you don’t shop at Wal mart-makes the lines shorter for the rest of us
I just prefer to spend a little more on longer lasting quality, to buying the same shoddy merchandise over and over at Wall Mart. You save money in the long term that way. And having a limited income. I am all about saving money.
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freeRadical
Guest
I have never bought shoddy merchandise at WalMart.Boy am I far from rich. I have to survive on $700 a month SSI payments due to me being disabled.
I just prefer to spend a little more on longer lasting quality, to buying the same shoddy merchandise over and over at Wall Mart. You save money in the long term that way. And having a limited income. I am all about saving money.
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freeRadical
Guest
Probably no longer than they would have to wait in a regular bank.I will stick with my small town credit union. They have fast friendly service and know me so well that I haven’t been asked to show ID in years. I wonder how long you would have to wait in line for a WallyWorld bank?
I have never had a problem with their meat, produce, or clothes.I have not set foot in Wallmart I haven’t set foot in a Wall Mart for years. Their canned and frozen foods are good. But meat and produce stinks. And the clothes are made cheap and fall apart quickly.
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