RE: They're dead, they just don't know it yet

[bozz]

Oh wow, that is totally crazy. I can't imagine having to look someone in the eye each month and hear them talking like they are still captain of the ship while it is slowly sinking around them. It definitely looks like things are starting to take a turn for the banks. Even in the past five years I have seen so many of them start to consolidate and shut down branches because the demand just isn't there like it was.

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Comments

[tarazkp]

Even in the past five years I have seen so many of them start to consolidate and shut down branches because the demand just isn't there like it was.

Part of this is greed as they push services online - but what they might not recognize yet is that locals will open up their own digital branches to replace them locally.

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[bozz]

Have you ever heard of Ally Bank? 100% online. Zero branches. I opened an account with them to handle all of my crypto transactions.