BANK CLOSURES FOR OCTOBER

[backontrack]

21 Bank of Americs Banks, 15 Wells Fargo banks, 9 US Banks, 3 Chase Banks.

Is your money safe that's the 64 dollar question!

[Neighbor]

Closure of bank branch locations happen often as the various organizations merge.  Branch closures do not  mean much of anything to me. Online banking will likely result  in fewer branch locations, - don't ya think?

MY money is safe, well long as that ol' sock doesn't develop any larger holes  that is.

Seriously I am confident, my own bankers are excellent and work for really good bank brands. If I were to worry it would be about real estate value not bank deposits. But then i just don't worry much asGod is kind enough to make available the prefect provision for my proper need at all times.

As result I am neither so rich that I do not feel I have no need of God, nor so poor as to blame and then resent Him.

Besides it looks like long term financial planning may be unecessary for those foreknown to and predestined by God. Maranatha!

[Marathoner]

Online banking is replacing "brick and mortar" branch offices.

[other one]

3 hours ago, Marathoner said:

Online banking is replacing "brick and mortar" branch offices.

We don't even write checks any longer.    Credit card and auto pay it off at the end of the month.   We do all banking over the phone or internet.

[Neighbor]

Even I don't make the bank tellers stamp and sign my passbook anymore.

[Guest AFlameOfFire]

9 hours ago, backontrack said:

21 Bank of Americs Banks, 15 Wells Fargo banks, 9 US Banks, 3 Chase Banks.

Is your money safe that's the 64 dollar question!

They are the most corrupt banks, I would never bank or do business with any of them. I was hoping Citi would be on that list, "good riddens" to them.

Use your local credit unions until the whole thing crashes to the ground.

[backontrack]

46 minutes ago, AFlameOfFire said:

They are the most corrupt banks, I would never bank or do business with any of them. I was hoping Citi would be on that list, "good riddens" to them.

Use your local credit unions until the whole thing crashes to the ground.

Wells Fargo I call Fee Fargo

[farouk]

On 10/14/2023 at 8:30 PM, AFlameOfFire said:

They are the most corrupt banks, I would never bank or do business with any of them. I was hoping Citi would be on that list, "good riddens" to them.

Use your local credit unions until the whole thing crashes to the ground.

@AFlameOfFire Up here the banks are so highly regulated; it can often be hard to get loans out of them..............

[Guest AFlameOfFire]

1 hour ago, farouk said:

@AFlameOfFire Up here the banks are so highly regulated; it can often be hard to get loans out of them..............

The big squeeze. They put the people on the hook for all the trillions being printed for foreign wars (because, why not? The people will pay for it right? They are good for it) but when some of these same people try to get a small in country loan for themselves the answer is sorry for your luck pal (regs, yanno)

What a scam

 

 

 

 

 

[Neighbor]

Banks and bankers, even  the old savings and loans of yesteryear  have  greatly aided me  to some leveraging toward personal prosperity. They have also kept me away  from some likely unwise gambles over my now long lifetime.

Blaming others, for one's own plight, is a too often trap that anyone may fall into. It is the investing divisions  of banks that  the greater yet companies like Prudential, Delaware Life  and New York Life sell their money to that then  gets distributed to retail banks  and onto large and small enterprises alike. Regulations are not bad, not at all, they help keep the industry stable.

Sometimes the inability to gain leverage through  securing a loan is that the borrower's vision is too small-  one needs to try to find that minimum amount that will entice a lender to lend, meet that minimum at least and then see their eyes light up with interest. Show 'em a plan a five year rolling plan as example for the use of the funds something they can utilize to justify to regulators the risk they are about to take  in lending money.

Bankers lent me  to my first very modest home, to my own income property, and then more income property, and even provided swing loan funds for transitioning to a  larger home for a then larger family. Bankers have been very good to me as I proved myself to them along the way. I'd be a laboring renter to this day if it were not for the bankers and the banking system.

I personally recommend learning  to work together with  one rather than projecting an attitude of hostility against  them all. Hostility doesn't get one much  of anywhere in life.

about Three Servants - Luke 19:14-30