TRACTOR PARTS Allis Chalmers Case & David Brown Farmall & International Ferguson Ford & New Holland John Deere Massey Ferguson Massey Harris Minneapolis Moline Oliver & Cockshutt Kubota / Yanmar

TRACTOR MANUALS

Allis Chalmers	Case	Farmall IH	Ford 8N,9N,2N	Ford
Ferguson	John Deere	Massey Ferguson	Minn. Moline	Oliver

Attention Forum Users: On the 28th of December 2023 at 9:00am Central Time, we will be taking the forums down for maintenance while we prepare the new forums for your use. Please click here for more information.

Tool Talk Discussion Forum

O/T banks.

Welcome Guest, Log in or Register

Author

Carol Martin

07-24-2005 14:42:16

Report to Moderator

I wonder if this place is unique or is it being done all over the country.. I live near Mountain Home Ar. and the population is just over 10,000 it is hard to believe but in this small town there are a total of 33 banks and branches..and more to come..some banks have 4-5 branches in the same town.. I would much prefer that they give me a better interest rate than to put up another branch (for my convenience).

[Log in to Reply] [No Email]

John A.

07-25-2005 20:19:10

Report to Moderator

Re: O/T banks. in reply to Carol Martin, 07-24-2005 14:42:16

Guys, Banks do have to pay for the brick and morter and keep the light on and pay salraies to employees also.
There are better intrest rates to be had If you just do a little looking.

As most Of you Know I am an Ins Agent here in Texas.

Say you want to save $100/month.....

One one my Ins Conpanies has a Life product with a side fund that is currently @ 6.5% ! ! ! , has a 4% base guarentee. never been lower than Its current rate. 30 ave of + - 10%. in 20 yrs you have 30k in CLEAN cash. That is based of the guarentee rate. At a 6.5% ave it will be a whole lot more. Even at your bank rate or the one quoted below the 4% guarentted rate still beats that one.
AS I said there are better rates to be had out there you just need to do a littl looking.
Later,
John A

[Log in to Reply] [No Email]

Rauville

07-25-2005 04:55:27

Report to Moderator

Re: O/T banks. in reply to Carol Martin, 07-24-2005 14:42:16

You're right about interest rates vs. buildings. Just check out some of the internet banks, and compare the interest rates they pay vs. what your hometown bank is offering. Example: 3.15% on a internet Money Market account...just goes to show who is paying for all the new brick and mortar branches.

[Log in to Reply] [No Email]

Weirsdale George

07-25-2005 00:03:22

Report to Moderator

Re: O/T banks. in reply to Carol Martin, 07-24-2005 14:42:16

I never really thought about it till now, but within fifteen miles of me there are probably twice as many banks as there are gas stations! I guess with the gas (and diesel) prices the way they are, the banks are there to service the gas station owners.

[Log in to Reply] [No Email]

Dug

07-24-2005 19:47:50

Report to Moderator

Re: O/T banks. in reply to Carol Martin, 07-24-2005 14:42:16

Hi Carol,

Doesn't make any sense to me! I work in banking and am somewhat familiar with the usury laws in Arkansas. Fact is, the usury law is so unfriendly to banks in Arkansas, most choose to set up outside of the state and write loans from the "out of state bank".

I've heard many nice things about Mountain Home, maybe the banking execs are just looking for a nice place to vacation and get a tax deduction in the process? : )

Dug

[Log in to Reply] [No Email]

Galen

07-24-2005 18:24:36

Report to Moderator

Re: O/T banks. in reply to Carol Martin, 07-24-2005 14:42:16

here (Tecumseh Nebraska), we have three banks and a S&L that just became a Federal Bank (what ever that means). Ever notice that when they put up a new bank who finances it? You'll see signs like "COMING SOON - STEAL YOUR MONEY STATE BANK" AND RIGHT UNDERNEATH - "PROJECT FINANCED BY MEGA NATIONAL BANK". You figure that if they were going to build another bank, they'd at least fund it themselves ..... ..

[Log in to Reply] [No Email]

Coldiron

07-26-2005 07:19:42

Report to Moderator

Re: O/T banks. in reply to Galen, 07-24-2005 18:24:36

I was told that Federal Banks are Federal Insured and State Banks are insured by the State they are in. Don`t know which is the most reliable to cover the funds in a failure since both Insurers are about broke. LOL

[Log in to Reply] [No Email]

Van in AR

07-24-2005 17:50:06

Report to Moderator

Re: O/T banks. in reply to Carol Martin, 07-24-2005 14:42:16

Hey Carol,
I live just west of you close to Yellville. My mom lives in Mtn Home, small world.
Van

[Log in to Reply] [No Email]

Jimmy King

07-25-2005 11:40:53

Report to Moderator

Re: O/T banks. in reply to Van in AR, 07-24-2005 17:50:06

My Uncle knew a guy that was a Fireman for Missouri Pacfic, he said he told him he would shovel 15 ton of coal between Yellville and Crane, Mo. That make me tired just thinking about it.

[Log in to Reply] [No Email]

Van in AR

07-25-2005 12:23:16

Report to Moderator

Re: O/T banks. in reply to Jimmy King, 07-25-2005 11:40:53

Jimmy,
My family is all from Mo. Last job my dad had was working for Harolds Bumper to Bumper Auto Parts in Mtn Home. Man thats a lot of coal!
Van

[Log in to Reply] [No Email]

07-24-2005 16:47:19

Report to Moderator

Re: O/T banks. in reply to Carol Martin, 07-24-2005 14:42:16

I live in a town of 19,000. There are 3 branches. That's it. 33...betcha it's a IRS tax thing. Not possible for all of them to be cost efficient.

[Log in to Reply] [No Email]

Davis In SC

07-24-2005 15:05:49

Report to Moderator

Re: O/T banks. in reply to Carol Martin, 07-24-2005 14:42:16

We have the opposite problem here... banks keep merging, then closing half of the branches. I did have a bank 3 miles away, now it is 10 to one branch, or 6 (in heavy traffic) to another.

[Log in to Reply] [No Email]

T_Bone

07-25-2005 06:42:25

Report to Moderator

Re: O/T banks. in reply to Davis In SC, 07-24-2005 15:05:49

That's what they do here Davis. We have about 5 banks for 36k.

I can't see how there staying in biz tho. My son is going to refianance his home with 1.25% lower interest for 15yrs. Total of refianancing cost, $75, for everything!

I told him there's gots to be a gotcha somewhere in fine print.

T_Bone

[Log in to Reply] [No Email]

[Options] [Printer Friendly] [Posting Help] [Return to Forum] [Log in to Reply]

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home | Forums

Copyright © 1997-2023 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy