A frog goes into a bank and approaches the teller. He can see from her nameplate that the teller's name is Patricia Whack. So hesays, "Ms. Whack, I'd like to get a loan to buy a boat and go on a long vacation."Patti looks at the frog in disbelief and asks how much he wants to borrow. The frog says $30,000. The teller asks his name and the frog says that his name is Kermit Jagger and that it's OK, he knows the bank manager.Patti explains that $30,000 is a substantial amount of money and that he will need to secure some collateral against the loan. She asks if he has anything he can use as collateral.The frog says, "Sure. I have this." And he produces a tiny pink porcelain elephant, about half an inch tall. It's bright pink and perfectly formed. Very confused, Patti explains that she'll have to consult with the manager; and disappears into a back office. She finds the manager and reports: "There's a frog called Kermit Jagger out there who claims to know you, and he wants to borrow $30,000. And he wants to use this as collateral."She holds up the tiny pink elephant. "I mean, what the heck is this?"So the bank manager looks back at her and says: "It's a knick knack, Patti Whack. Give the frog a loan. His old man's a Rolling Stone."
Although getting a loan at BOSW has a few more steps, our people would love to help you out! Please contact your local loan officer today, or visit us online for more details!
Tuesday, December 9, 2008
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