#101080 - 01/22/12 09:45 PM
Re: Those were the day`s
[Re: jamesfromjersey]
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zac0419
journeyman
Registered: 01/26/10
Posts: 89
Loc: CO
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That's pretty cool. How long ago was it?
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Zac
CO
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#101082 - 01/22/12 10:10 PM
Re: Those were the day`s
[Re: jamesfromjersey]
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s4s4u
Distinguished Expert
Registered: 01/18/04
Posts: 4378
Loc: Northern MN
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The Bank With Imagination
We could use more of that today............
Pretty neat James.
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Rod, too.
Short cuts often lead to long recoveries.
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#101083 - 01/22/12 10:52 PM
Re: Those were the day`s
[Re: jamesfromjersey]
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jwp475
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Registered: 01/18/09
Posts: 528
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In the not so distant past, if you lived in Wyoming and were able to deposit $2000 into a CD account for six years you would recieve a cased set that included a S&W model 29- 44mag and a model 17- 22lr and shooters knife. There were other options that included a Colt Gold Cup- 45acp and Colt Ace- 22lr for $2750 for six years. Those were the day`s..... 
Here is another bank that offered a simular deal
http://articles.latimes.com/2001/mar/19/business/fi-39732
In Hunting Country, Bank Offers Guns in Lieu of Interest
March 19, 2001|From Associated Press
TRAVERSE CITY, Mich. — A gun display inside a bank might seem a bit out of place. Sort of like decorating a veterinary hospital with taxidermy specimens. Then again, this is northern Michigan, a hunting haven where rifles are as commonplace as snow shovels.
The .12-gauge shotgun and the .270-caliber rifle on the wall rack at North Country Bank and Trust's downtown branch are not just teller-window dressing. Plunk down a couple of thousand dollars for a 20-year certificate of deposit and either one could be yours.
North Country offers CD buyers a choice: interest payments that accrue in the usual way, or pricey merchandise such as grandfather clocks, golf clubs and, especially, guns. North Country's "instant interest" catalog lists more than 100 rifle and 18 shotgun models made by Weatherby Inc. of Atascadero, Calif.
The decade-old program has attracted depositors from all 50 states, bank president Ronald Ford says. Not bad for a bank whose 31 branches are all in northern Michigan.
"You're always trying to find something to attract new customers . . . especially people who will put stable money in your core deposits for a long time," Ford said. "It's worked pretty well."
When an order is placed, the bank ships the gun to a registered dealer, who runs a background check on the customer before handing over the weapon.
You Want It, They Have It
A number of other banks have had similar programs. The First National Bank of Colorado, which last year changed its name from the Bank of Boulder, began offering guns instead of interest payments in 1976.
It dropped out in 1998 as interest rates fell and gun manufacturers raised prices, making it harder to give customers a better deal than they could get in sporting goods stores, spokesman Bill Reef said.
"It was very popular," he said. "It brought in quite a bit of money from markets we couldn't have touched as just a small bank in Colorado."
North Country continues to receive substantial discounts from Weatherby by carrying a large inventory: about $500,000 worth of firearms, Ford said. "We have a special vault. You want this or that rifle or shotgun, we have it."
The bank recently moved its headquarters to Traverse City, a small Lake Michigan resort town about 250 miles northwest of Detroit. Previously it was based in Manistique, an even smaller town in the Upper Peninsula, not far from where Ford grew up.
In these parts, hunting is akin to religion--many schools close for the opening day of deer season. Ford, 53, hunts deer and bear in his home state and heads to Canada in search of moose. He hopes to bag a caribou this fall.
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#101084 - 01/22/12 10:59 PM
Re: Those were the day`s
[Re: jwp475]
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wapitirod
Distinguished Master
Registered: 01/19/05
Posts: 5669
Loc: Tillamook, Oregon
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we had a bank here that would give you a Weatherby MK VI for the same thing except I think it was 1500.00 and that was up until 10 yrs ago maybe even not that long. I didn't even think about it but I think it's been that long since I've seen the advertisement.
_________________________
I won't be wronged. I won't be insulted. I won't be laid a-hand on. I don't do these things to other people, and I require the same from them.- John Wayne http://www.dixiefirearms.net
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#101100 - 01/23/12 07:06 AM
Re: Those were the day`s
[Re: wapitirod]
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500WE
old hand
Registered: 02/12/07
Posts: 1008
Loc: North Carolina
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With interest rates as low as they are the last few years, it would take a deposit of about 100 years....
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#101127 - 01/23/12 12:14 PM
Re: Those were the day`s
[Re: 500WE]
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BBwheelgunner
addict
Registered: 11/21/09
Posts: 602
Loc: Bemidji, Minnesota
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that is pretty cool
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#101205 - 01/23/12 11:21 PM
Re: Those were the day`s
[Re: wapitirod]
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Gregg Richter
Pooh-Bah
Registered: 01/18/04
Posts: 1725
Loc: Pine, Colorado
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we had a bank here that would give you a Weatherby MK VI for the same thing except I think it was 1500.00 and that was up until 10 yrs ago maybe even not that long. I didn't even think about it but I think it's been that long since I've seen the advertisement.
I remember when there was a bank here in Colorado that had a similar offer with the Weatherby's.
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http://www.hunterseyevideo.com Genesis 1:28 God blessed them and told them, "Multiply and fill the earth and subdue it. Be masters over the fish and birds and all the animals."
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#101206 - 01/23/12 11:39 PM
Re: Those were the day`s
[Re: Gregg Richter]
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wapitirod
Distinguished Master
Registered: 01/19/05
Posts: 5669
Loc: Tillamook, Oregon
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Yeah I think it was a western chain, I got to thinking about it and I think it may have been bought out by one of the bigger banks.
_________________________
I won't be wronged. I won't be insulted. I won't be laid a-hand on. I don't do these things to other people, and I require the same from them.- John Wayne http://www.dixiefirearms.net
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#101219 - 01/24/12 06:46 AM
Re: Those were the day`s
[Re: wapitirod]
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MIHunter
veteran
Registered: 03/02/05
Posts: 1333
Loc: Michigan
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In the case of the Michigan Bank Michael Moore convinced them that he was going to film it in a positive manner so they let him film himself getting his gun. Then it comes out in the movie Bowling for Columbine how easy it is to get guns even from a bank. I believe because of this move and Moore's pathetic lie on how the transaction took place the bank stopped the program.
http://archive.theamericanview.com/index.php?id=573
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