Village conditions improving – sort of
Some say that conditions in the Village are improving, but it’s phrased tentatively in the CTV piece.
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Kate
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Ephraim 21:24 on 2024-04-20 Permalink
One of the banks told me that they have 24 hour security for their ATM in the village. That’s a heck of an expense.
Kate 08:07 on 2024-04-21 Permalink
They want to keep people from sleeping inside the ATM space.
P 08:26 on 2024-04-21 Permalink
24h ATMs like this kind of boggle my mind in 2024. For how much rely on credit/debit cards to make purchases… Combined with the fact that all of banks are slimming down their in-person services (switching to online only)… I feel there’s so little financial incentive to provide 24h access, let alone pay for security. Heck, the bank has incentive to keep your money, not disperse it.
Ephraim 08:58 on 2024-04-21 Permalink
The thing is, when these areas are abused, banks tend to move the ATMs outside. Which is horrible in the winter and of course less secure if you need to make a deposit.
Joey 20:40 on 2024-04-21 Permalink
But the marginal cost of operating ATMs 24/7 must be very small, no? The infrastructure is there, the cash deliveries are already being made, and in most cases security isn’t required. Anecdotally I’ve noticed most (almost all) indoor ATMs “feature” aggressive sound environments (eg a beeping alarm panel) after business hours to prevent littering and many are now locked on weekends.
Ephraim 22:12 on 2024-04-21 Permalink
Joey – They are used by businesses to deposit cash/cheques. So security it a concern for some
P 01:56 on 2024-04-23 Permalink
@Joey- I was talking about the ones where the machine is indoors (and are subject to vandalism or people sleeping) or in this case, where the bank had to go as far as hiring security.
If banks are as money-conscious (or money-greedy) as I imagine them to be, I figured they’d just shut down access after business hours or past 10pm or something.