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I Love Stodgy Bankers

by Amelia G : July 25th, 2006

Shortly after I first moved to California, I got an account at Washington Mutual. I went with them because they had a no interest/no fees/no math/no hassle account and they gave me overdraft protection. I’ve banked with them for a long time, but it appears that one of their goals for this year is to get rid of all their long-time customers.

March 13, 2006, they launched a media blitz campaign which is theoretically about how opposed to traditional stodgy bankers they are. The television spots and billboards show paid-looking guys in pinstriped suits chomping cigars and being penned up in what is apparently WaMu’s basement. The ad campaign is designed by advertising powerhouse Leo Burnett and directed by Martin Granger, of the Moxie Pictures production company, who is also apparently responsible for the creepy Burger King ads. The main thrust of the supposedly humorous spots is, according to a Business Wire press release, intended to point out how non-traditional WaMu is in the normally stodgy banking world. This is just my opinion, but it strikes me that the message comunicated is that only losers bank at WaMu, that people with any clue how to handle their dough put it some place else.

I’d like to say that there are many areas of my life where I follow the excitement. I want to hang out with people who take risks and look for adventure. But I don’t necessarily want them handling my dough. Think about who you would most like to go on a bender with in Vegas. Now imagine that person holding all of your money. Doesn’t exactly give you the FDIC-insured warm fuzzies, does it?

Now it might be humiliating to pull out the loser-branded bank card when shopping in …

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