Shame on the new State Bank of Georgia

The new State Bank of Georgia on Gingercake Road advertised a special five month CD rate of 6% plus your age (example 6.55%), with a $1,000 min and $25,000 max. Vouchers for this offer were to be given out 12/8 from 10 a.m. to 1 p.m. We arrived at 11:15 a.m. and were told "Sorry, we're SOLD OUT". How can a bank sell-out on an offer? The President said they under-estimated the response, and was now offering a 90 day CD rate of 5%. The real question is: Did anyone get the rate they initially offered? Does the bank think they made a good impression in the community? They're not getting any of our money.... now or in the future. Shame on them.

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Submitted by Nitpickers on Sun, 12/09/2007 - 6:46am.

They obviously didn't want your money. Or, they sold out of paper on which to write the CDs. I guess they just computerize them now!
Did the advertisement say they only had so many billion dollars worth to sell?
They could have loaned all they could take in to predator fools, I think!
This bank is run by bankers just like all banks are run by bankers. They teach degrees in banking (BABKING)now at most mail-order colleges.

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