Marty Heires Quotations

When we were alerted of the two undocumented workers - and after consulting with authorities - we shut down the site,

We have no intention of doing what they seem to be trying to prevent. Right in our application we state very clearly we have no intention of opening branches.

We are also grateful for this chance to help the public understand the purpose for the bank and that many corporations including Target, GM, and Toyota already operate industrial banks.

Many community bankers have charged that we are going to open branches around the country. That simply isn't true.

Serving our customers is what it's all about. The idea is to utilize technology to make our customers' experiences as pleasant as possible.

We've been told we would get some shipments in December, they would not be dependable, and that in January we would get all we need.

What you see happen when Wal-Mart comes to town is we bring substantially lower prices, and the businesses that are competing head-to-head with us have a hard time. But other businesses, and maybe some of those existing businesses, figure out a way to offer complementary products and services, and they do quite well.

We look at competitors and see what they're selling and offer it at our stores, ... We do anything we can to get better intelligence on what our customer wants. Our various competitors approach the market in different ways. If there's something that they're doing that's successful, we have no problems copying that.

Know that we are fully cooperating with the authorities. You can be sure of that.

I think what we're going to do is offer the full spectrum of our customer financial products, ... can aspire to.

Our self-checkout options do offer customers a convenient option. They may see a line of two or three people at the checkout register, and they can slip in and use the self-checkout devices to get in and out easily and quickly.

We've told Congress and everyone else who will listen that we don't intend to branch.

We had always intended to support the community.

We have now said we will not branch in as many ways as we can possibly say it. If this bank is approved, you will not see any Wal-Mart branches in any of our stores.

We are confident that the FDIC will handle our industrial bank application appropriately.

We would like to pay our own bank, and then realize those savings so we can return that to our customers in the form of lower prices.

This report is simply a listing of all stores we expect to open over the next 12 to 14 months, and many are already under construction. Since the unions oppose us wherever we locate our stores, this new stolen document doesn't seem to provide them any advantage.

There is really nothing for the community banks to fear here.

When we hire contractors, we expect them to abide by the law. Obviously, we are dismayed they hired undocumented workers.

We want to pay our own bank to do what we pay money centers to do now, which is to process debit and credit transactions to payment networks.

We welcome the opportunity to appear before the FDIC and explain what we want to do to anyone who is interested.

We welcome the opportunity, during this hearing, to discuss the merits of our industrial bank application, which we feel meets all regulatory requirements.

We see a lot of unjustified Wal-Mart bashing.

Coughlin as an officer of the company cannot fraudulently sign a release and then rely on the release for protection from prosecution.

The way it will benefit local consumers is this will help us lower prices for our customers.

A number of these groups are seizing the moment to go after Wal-Mart, and that's kind of part of our world these days. But not a lot of what they have to say is really germane to the application.

This bill would have no effect on us because we do not intend to branch-bank. We have pledged not to branch.

As we have maintained all along, no company senior official had any direct knowledge that undocumented workers were working in our stores.

It is really something that the customer won't see. Our proposal is to operate a small bank that will be housed in a sixth floor office suite.

It is really something that the customer won't see.

Chairman Greenspan's lengthy letter is about the broader issue of regulation of Industrial Loan Corporations. We look forward to the (Federal Deposit Insurance Corporation) public hearing on our application to operate an industrial bank in Utah.

These are long-term leases and these banks can stay in our stores for 15 years and in some cases even more. We're committed to community bankers and we're committed to what they bring to our stores and their customers. We're their allies.