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February 17, 2009
Adios! Personal banker quits over Mexican IDs
Adios! Personal banker quits over Mexican IDs
Employee acts to take America back, refuses to help illegals
A personal banker in Arlington, Va., is quitting his job after Chevy Chase Bank, one of the largest and best-known banks in the Washington, D.C., region, announced it will begin accepting consular cards from customers who many suspect are illegal aliens.
The bank announced its "Hispanic Banking Initiative" during a pilot program and is now accepting Matricula Consular de Alta Seguridads, or MCAS, at all of its branches so customers without U.S. government IDs may open accounts.
The MCAS is an identification card issued to foreign nationals living in the U.S. by the Mexican government via their 47 consulates. The National Council of La Raza estimates that more than 350 financial institutions currently accept them. Customers with the IDs – including illegal aliens – are able to open checking and savings accounts, order check cards, safe deposit boxes, cashier's checks and wire billions of dollars to Mexico.
"I was becoming stressed out at work because I just knew in my heart that if someone came to me with this card I couldn't just compromise my principles and open an account for them," Chevy Chase personal banker Albert Thompson told WND.
The U.S. banking system relies on Social Security numbers to track accounts, verify identity and report taxable earnings to the government.
"Accepting the Matricula skirts that issue," Bankers Online reports. "Many Mexicans who work in the United States do so in order to send money back to their homes in Mexico. FDIC says about $18 billion is wired annually from the U.S. to Mexico. Many U.S. banks have welcomed the IDs as a way to get a cut of this activity by profiting from the handling charges on the wires and increased deposits."
After praying about his circumstances, Thompson said he is taking a stand – even if it means facing unemployment during a recession.
"I came to understand that sacrificing my principles is more expensive to the soul than unemployment is for my wallet," he said.
Now he is refusing to compromise his values by catering to customers who have violated U.S. immigration law.
"I always knew that the bank was doing this," he said. "I just didn't want to be a part of it. So, I deliberately did everything I could every time I worked for the bank to avoid being placed at a branch that was part of this initiative."
Thompson said Chevy Chase Bank recognized that there is a growing Hispanic population in the Washington, D.C., area, so it decided to capitalize on that part of the market. But he believes problematic ID cards issued by foreign governments compromise the nation because many people who use them are in the United States illegally.
"What effort the consulates actually go through to verify that person's identity and location is questionable, which is why the bank requires an additional proof of residency – like a U.S. cell phone bill," he said. "It's as simple as that – a cell phone bill with an address in the U.S. and that card. Then we just take their word for it."
continue article HERE
Wild Thing's comment........
They feds know exactly who forced these bad loans. They don't care if the person was legal or an illegal. I remember Bank of America giving loans to illegals. Not only from Mexico but from other countries as well. The bailouts are not going to be limited to citizens IMO.
....Thank you Mark for sending this to me.
Mark
3rd Mar.Div. 1st Battalion 9th Marine Regiment
1/9 Marines aka The Walking Dead
VN 66-67
Posted by Wild Thing at February 17, 2009 05:40 AM
Comments
Good for Albert Thompson. His principles are stronger than his employer's.
Sadly Albert is swimming against the current. Most US banks accept the Matricula card now as a form of identification. At the same time the banks and the government know these are illegal aliens.
This has been going on for over a decade with these Matricula cards. Another one of the failures of the Bush administration in regards to illegal immigration.
The polititions welcome illegals from Mexico as cheap labor for the politicians' business supporters. The taxpayers bear the burden of the social costs of the illegals. This is a good deal for business and polititions.
Posted by: TomR at February 17, 2009 11:24 AM
CLAP CLAP CLAP!! I applaud Albert Thompson's willingness to TRY AND SAVE THIS COUNTRY, but I also will send him some of my 'Good Karma' in an effort to get himself a new job away from the CRIMINAL BEHAVIOR of the Banks. (just more of the Bank's Criminal Behavior, see: Mortgage Debacle/Dumbo-Slumbocrats)= Say it with me now, like ya mean it: "I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA......"
Posted by: pontiff alex at February 17, 2009 02:23 PM
Is it any wonder we are in this financial mess. When Bank of America makes loans to people on welfare, using their welfare check as proof of employment ? Or the Matricula card as proof of citizenship ? For this we can thank our gutless politicians from both parties.
Posted by: Mark at February 17, 2009 02:36 PM
Tom, yes he really is "swimming against the current". I am proud of him it will be a hard thing and he is going to have a tuff time for awhile. But honor and taking the high road is always worth it.
Posted by: Wild Thing at February 17, 2009 08:05 PM
pontiff alex, good one. Yes he will need all of that good Karma for sure.
Posted by: Wild Thing at February 17, 2009 08:07 PM
Mark, you hit the naiil on the head, it is both parties politicians that are to blame for this.
Posted by: Wild Thing at February 17, 2009 08:08 PM
