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Closer & Closer More Banks close more branches.. with many more to come...

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T. W. said…
I truly believe this was all planned.
August 23, 2023 at 5:02 AM
T. W. said…
I hear THEY are still trying to implement the Fed Coin. I have also heard this might be a good thing, as they might wipe out all debt and start over.
August 23, 2023 at 5:04 AM
gfbcpa said…
My aunt used to be the manager of a bank branch in the 1960's and 1970's. She jokes that her bank had one manager and ten tellers. Now banks have ten managers and one teller.

Banks are trying to move everything to online banking/apps/ATMs. I have a 28 year-old niece who doesn't carry cash and has written maybe 10 checks in her lifetime.

A couple of my clients have business accounts with a large American bank. The client can make 5 teller transactions per month. After that, the bank charges a $2.00 fee per transaction. So they have to either use the ATM or get a check scanner from the bank which costs $300.00.

Closing branches doesn't necessarily mean the bank is in financial trouble however. If the bank has very little activity and the rent is high, it makes sense to close it, like any business.
August 23, 2023 at 5:47 PM
Anonymous said…
Christian is Trump gonna go to jail? I’m just curious.
August 24, 2023 at 12:02 AM
T. W. said…
Banks put a limit on how much you can withdraw per day too.
August 24, 2023 at 12:11 AM
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