DAY-30, Chase Bank Protest, Chase President owes an apology to elementary students he misled, and he owes them a 10% interest savings account as well.

Keith Schuck, President of Chase Bank, misleads elementary school students by telling them they can save their money at a 10% interest rate in a bank! This deception is spun even as Chase Bank continues to do massive harm to some of their most loyal credit card customers. Chase bank did not allow hundreds of thousands of pay on time customers with low interest rate offers an "opt out" option after Chase Bank changed pre-existing agreements with people like this childs parents. Harm the parents, deceive the child, has kind of an anti-heroes ring to it.

Keith Schuck, president of Chase Bank, recently spoke to elementary school about the importance of savings accounts. Mr. Schuck chose to use 10% for the interest rate when he taught these young minds how to calculate how their savings can grow if they put their money into a savings account.

I consider what Mr. Schuck did a form of child abuse. Chase bank has no problem firing a customer service employee who took off a couple hundred dollars worth of overdraft penalty fees for a customer who somehow racked up well over a thousand dollars worth of these penalities even though the fired Chase bank employee did it so the person could pay their rent!

 

Keith Schuck, to make things right, should offer each of these children that he misled into thinking they could get 10% interest on a savings account, a 10% interest bearing college savings account. Unfortunately that would require Mr. Schuck honor his own words, spoken to young,  trusting minds.

Chase bank has no problem changing terms on their NEVER LATE paying customers without offering them a respite known as an "opt out" option. Chase bank offers the parents of these school children approximately 0.01 percent interest on their savings accounts, approximately 1000 times LESS than what he told these elementary school kids they could get if they opened a savings account in his branch.

Isn't it just a bit outrageous for Keith Schuck to condescend to children who look up to his distinguished position as president of a huge bank by suggesting to these kids they could save money at 10% interest? Is it acceptable for the president of Chase Bank, a Bank that probably has put many many people closer to bankruptcy or eviction because of insufferable addiction to money collected via penalities, to misrepresent interest savings rates to the sons and daughters of the very people Chase offers .01% interest to?

If Keith Schuck wants to make it right concerning his recent visit to an elementary school in which he used 10% interest savings rate as an example, he will offer each child that heard his words a savings account with a 10 percent interest rate attached to it. If Mr. Schuck can't or won't do this, it just becomes additional proof that he is a monster of deception and doesn't even care who knows it.

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