Monday, June 2, 2008

Bank job

Ed, my nephew was in the used-car business for 20 years on Route 130 and dealt with the Yardville National Bank. When PNC Bank took over, they closed him down in two days. First they said it was OK, then called him back and said they changed their minds. He is not some fly-by-night businessman. After 20 years in the same location, he proved his worth. With the economy at its lowest, they closed him down just when the warm weather arrived and he could have made it work. All I can say to other businesses is, stay away from PNC. They have no foresight. Thanks for letting me vent. My nephew is devastated.
Their Loss
Listen, that bank had its reasons for denying your nephew. He need not be devastated. If you’re right about all his credentials, then another bank will be glad to service him. Lord knows there is no shortage of banks competing for business.— Ed. Note

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