Paying for banking
Jane Shannon
Ancramdale
As the Ancram Town Board agonizes how to meet their budget for 2010, here’s one small money-saving suggestion: bank close to home.
As of Sept. 23, 2009, Ancram taxpayers have reimbursed town supervisor Tom Dias $830.25 in mileage for some 31 trips to the Kinderhook Bank in Greenport.
No one reimburses me to drive to my bank – how about you?
If Ancram’s town supervisor banked at First Niagara Bank in Copake, his reimbursements would have totaled only $196.07 for the same number of trips, saving the town $634.18. Plus, if he banked in Copake (as Ancram’s town tax collector does), most mailed deposits would be received and credited the same day, and the total cost to the town taxpayers could have been only $13.64 to date for stamps, a savings of $816.61 this year.
If it were your money, would you spend it this way? Well, hey, if you live in Ancram, it is your money, and you are spending it this way.
Last November, town residents suggested Tom bank in Copake to save money. And his answer was…?
Ancramdale
As the Ancram Town Board agonizes how to meet their budget for 2010, here’s one small money-saving suggestion: bank close to home.
As of Sept. 23, 2009, Ancram taxpayers have reimbursed town supervisor Tom Dias $830.25 in mileage for some 31 trips to the Kinderhook Bank in Greenport.
No one reimburses me to drive to my bank – how about you?
If Ancram’s town supervisor banked at First Niagara Bank in Copake, his reimbursements would have totaled only $196.07 for the same number of trips, saving the town $634.18. Plus, if he banked in Copake (as Ancram’s town tax collector does), most mailed deposits would be received and credited the same day, and the total cost to the town taxpayers could have been only $13.64 to date for stamps, a savings of $816.61 this year.
If it were your money, would you spend it this way? Well, hey, if you live in Ancram, it is your money, and you are spending it this way.
Last November, town residents suggested Tom bank in Copake to save money. And his answer was…?
Share this Article
| Less competitive | Shifting blame |
Article Rating
Reader Comments
The following are comments from the readers. In no way do they represent the view of registerstar.com.
You must register with a valid email to post comments. Only your Member ID will be posted with the comments.
Registered users sign in here: |
Become a Registered User |



brianjconway wrote on Oct 20, 2009 8:23 AM: