Bankers’ Hours by
50
(79 Stories)

Prompted By Good Riddance

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I got my first real job in the mid-1970s as a professor at the University of Utah in Salt Lake City. Our bank was only a few blocks from campus, on bustling 13th Street East. Like most banks, they closed at 3:00 pm Mondays through Thursdays, but stayed open until 5:00 on Fridays. Still, it was a struggle to get out of the office in time to deposit my paycheck—this was way before direct deposit—and withdraw cash for the weekend before they closed.

Weekend hours? Don’t make me laugh.

And weekend cash was important. In those days, not all retailers took credit cards, and most looked on checks with suspicion. In a pinch, the local supermarket would take a check—with two forms of ID and manager approval—and might even give you $10 or $20 cash back.

Photo credit: mcsminmywords.wordpress.com.

Photo credit: mcsminmywords.wordpress.com.

So we’d queue up at the bank, along with others in the same boat. I’d usually withdraw the princely sum of $35, which would get us through the weekend if not the week.

After a few years, they opened up a drive-through window. There was no teller, but a pneumatic tube system that whisked away your check and brought back your cash. You still had to get there on time and wait in line, but now you could do it in your car, listening to All Things Considered (in its early years) on KUER and (if you had a lively imagination) dreaming of a day when there would be an ATM on every corner.

Profile photo of John Zussman John Zussman
John Unger Zussman is a creative and corporate storyteller and a co-founder of Retrospect.


Characterizations: been there, funny

Comments

  1. Betsy Pfau says:

    Right! Time before ATMs…I remember those. It was important to work in an office park with a bank, run over during your lunch hour. Yup, don’t miss those at all.

  2. Suzy says:

    I agree, this is a great one to say “good riddance” to! The invention of ATMs plus banks being open til 5 and on Saturday certainly made a big difference in all of our lives.

  3. Wow, that’s something I have forgotten about completely. Maybe I never actually had a job.

  4. I still run into people in Ann Arbor that I think I only know because of time spent with them in line at the bank!

  5. Anybody remember what cash looked like? I marvel at the #s that come and go on my 24/7 online bank site without ever having seen any green.

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