A fee for depositing too much cash in 1 month? - The Great Awakening

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A fee for depositing too much cash in 1 month?

posted 145 days ago by SidetrackedAgain 145 days ago by SidetrackedAgain +53 / -0

Anyone else ever had this happen? Our church was just charged a fee of $1 per $100 over and above $20k in one month. The reason given was that the Fed charges the bank to pick up the cash. Just stumped over this one. (I'm the financial secretary.)

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– LandoCommando01 3 points 144 days ago +3 / -0

Deposit max in bank, put the rest in precious metals. The church is the kind of institution that can benefit greatly hoard gold. Hope your congregation continues to be blessed.

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