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Friday, June 13, 2008

Wachovia, Bank of America, & PNC are really that popular?

POOP! What about my USAA? According to all of the wedding checks we got from our friends and family, it only ranks in 5th place :( Turns out most of them prefer Wachovia, Bank of America, and PNC. Oh well, at least we got some extra $$$ to help start our married lives, right?!

This is decidedly a GOOD thing, as our wedding budget had finally burst at the seams, and it's now time to clean it all up ;)

So, being the big dork that i am, i took some time to sort through all of our cash gifts and analyzed the bajesus out of 'em. It's just sooo fun, i love it! Plus, what else do i have to do on Friday the 13th? haha... Chew on these fancy facts:

After counting it all up, we were given a total of about $6,000 $6,350!
- $700 of them were pure cashy cash
- $5,300 $5,650 of them were old fashioned checks.

Here are how the amounts broke down:
- $1,000 was the biggest gift (holler)
- $40 was the smallest gift
- $138 was the average gift

And these are the banks the checks came from (most popular to least):
- 5 @ Wachovia Bank
- 5 @ Bank of America
- 4 5@ PNC Bank
- 3 @ Navy Federal Credit Union
- 2 3 @ USAA Federal Savings Bank (the best e-v-e-r!)
- 2 @ Citibank
- 1 2 @ Commerce Bank
- 1 @ Chase
- 1 @ BB&T
- 1 @ SunTrust
- 1 @ Hudson United Bank
- 1 @ Harleysville National Bank
- 1 @ Bank Fund Staff Federal Credit Union

Wasn't that fun? No? Well you are just too cool aren't ya ;) I certainly enjoyed breaking it all down - especially when it came to banking. There are so many options out there, i wonder what made them choose their specific one. I actually thought we'd have more "military" related banks than the 5 we did (USAA & Navy Federal), so that was interesting.

All i know is, as soon as these bad boys clear (i like to use that term "bad boys" don't i?) we're paying off each and every credit card, and throwing the rest in our House Savings! Bow chicka wa wa!

*Updated: 6-20-08

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13 Comments:

Blogger Carrie said...

Damn, that's a lot of money! Did you also register for gifts?

June 13, 2008 2:06 PM  
Blogger J. Savings said...

Oh man, yeah we got loooooads of presents on top of all that! Turns out people are pretty generous at weddings :)

It also helps when you invite 160+ people - yikes!

June 13, 2008 2:49 PM  
Anonymous Save 4 Fun said...

J. Savings, it's so great that you are a dork and analyzed all of the wedding checks! I'm getting married in August, and I've secretly (well, maybe not anymore!) been tracking our gifts too. I really don't care what an individual spends (I'm grateful for whatever they give), but I'm curious about the grand total in retail value. (Okay, it's just excuse to make another spreadsheet...what can I say? I'm addicted to Excel.) I actually hope they are getting deals on the gifts. I even wrote some savings tips for our guests on our wedding website! (One friend said she couldn't believe what a nerd I was about saving -- but she appreciated the tips.) I can't imagine that we'll get as much as you did in cash. My goodness! Do you know if there's some kind of statistic out there on the national average?

June 13, 2008 3:19 PM  
Blogger SavingDiva said...

So...no one is totally awesome and has Charles Schwab?!

June 13, 2008 3:21 PM  
Blogger Tom said...

@SavingDiva -

No... totally awesome people don't choose Charles Schwab... they choose USAA! USAA is like a banking secret society... they only choose totally awesome people!

June 13, 2008 3:50 PM  
Anonymous Mrs. Micah said...

I remember noticing that when we deposited our wedding checks. Lol. I didn't take notes about the bank like someone, but I did notice all the different banks when I was organizing them for deposit.

June 13, 2008 4:55 PM  
Blogger J. Savings said...

You're gonna have FUN save4fun! Get that spreadsheet ready, you'll be using 1,050 of them ;) hope you get lots of gifts - and congrats!

And TOM! hahah...you're awesome. You know how USAA does!

Time to check out all of your latest posts Mrs. Micah :)

June 13, 2008 7:04 PM  
Blogger CK Photo said...

USAA rocks, I have had them for over 10 years as my primary bank. I have to have a local bank for hubby's paycheck, but the money doesn't stay there long.
I haven't done the deposit by scanning yet for his paychecks.

June 14, 2008 11:04 AM  
Blogger calgirlfinance said...

Congrats on the wedding! I did do some analysis on our wedding checks, but not on the banks that they came from! :)

I would love to use USAA, but our only military connection ended his stint with the army over 30 years ago.

June 14, 2008 12:06 PM  
Blogger Bailey said...

Congrats on the wedding and the gifts. I liked the break-down of the checks. Interesting.

We lucked out and got a $5,000 check as a wedding gift. Totally rocked!

June 15, 2008 12:12 AM  
Blogger  said...

ok your a mess. Bow Chika wa wa??? LOL too funny.

June 16, 2008 12:54 AM  
Anonymous list mama said...

I thought we were something pretty special when we raked in $900 for our wedding. Of course, that was 14 years ago and in Kansas. Maybe we should divorce and try it again! (joking) We are 100% sold on the awesomeness of USAA. We have used it for EVERYTHING in the past (although we recently refinanced through NFCU).

Jen
http://www.ListPlanIt.com

June 16, 2008 12:37 PM  
Blogger J. Savings said...

Oh man, we gotta nice USAA Lovin' train going on here - i love it!

ck photo - yeah, i haven't done the whole scanning of the checks either...i really should get on that, save a cple days!

and that's pretty interesting seeing how everyone's wedding gifts are so different - guess it all depends on the time and amount of people invited and all :)

all i know is, i am DEF. giving out money to all weddings i go to in the future! that's everyone fav. gift :)

June 16, 2008 3:40 PM  

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