I sell used tractors and fairly often deposit more than 10k... The bank simply asks questions to put on an electronic form and everyone is happy. Its not a big deal, just a few more questions. I did get a call from the bank HQ eventually wanting to know why the multiple cash deposits as I had tripped some kind of alarm... I simply told them what I did and they marked me down.. And life goes on... Still get the questions about what the money is far when over 10k.. I dont try to hide it and I especially dont break up the deposits as that can be a crime in itself.
Lots of "low credit" folks and lower income folks deal in cash and its just a way of life.
Selling a tractor and getting $15k in 20s and 10s is a bit scary when the stack of bills is over a "foot and half" tall even today. I dont want to be known for having money around the house, to it goes to the bank asap.
Oddly I never carry more than $50 bucks in my wallet????????
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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