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Comment Re:make it half a million a year and we're talking (Score 0) 436

Working for a community bank, I can tell you that sum is improbable. We are a good sized community bank for our respective market ($650MM in assets for Savannah, GA). We had a net profit of right at $6.6MM last year. Asking us to fork over $500M for a domain registration does NOT make sense. We would have to increase our fees, and we would lose customers, and then competition would be squashed. I know, I know, innovate or die; but there are still people out there that prefer the level of service a community bank can offer versus that of a regional, national, global bank. There are some great people at the larger banks, but also plenty of people who are looking to maximize fees (case in point, check out BB&T's annual report for 2006 and check out their fees on deposit accounts versus, say, Regions Bank).

"People should have access to the data which you have about them. There should be a process for them to challenge any inaccuracies." -- Arthur Miller