And here’s the crazy part: The Penny Arcade is free for anyone, whether they have an account at Commerce or not. It seems like an act of corporate generosity–and, actually, it sort of is–but having Penny Arcades in a branch also benefits the bank, as I discovered when I went to use one about a month ago. In rapid succession, I noticed three things:
1. I was in the bank on a Sunday afternoon. I’ve never been in a bank on a Sunday afternoon, because no other bank I know of is open on a Sunday afternoon.
3. I was on a line about seven people long. In addition to two tellers, there was a greeter at the entrance and a manager who walked around. About a minute into my wait on line, the manager directed the greeter to leave her post and open up a new teller window. Three minutes after that (and after about four more people joined the line) the manager himself opened up a new window.
The opportunities to improve are everywhere. It is a shame so many banks seem to focus on tricking customers into paying big fees. The idea of actually serving customer well and making a fair profit just doesn’t seem to be very common.