Doq Holliday @doqholliday
06 April, 12:53
An average of 32 bank buildings per state is currently for sale.

Let that sync in.

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Kheri Lin donated @KheriLin
06 April, 12:58
In response Doq Holliday to his Publication
Q 32.

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Positively Negative donated @Positively_Negative
06 April, 01:13
In response Kheri Lin to her Publication
I retired from a big US Bank 4 years ago. The downtown “corporate headquarters “ for Colorado has not had employees work in office since CV19 started. Credit Unions, Community. Banks, Brokerage Offices all open as normal now. Yet big banks still have almost all non- retail employees working virtually. Seems odd for certain.

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Peace Justice @JusticePeace
06 April, 01:18
In response Positively Negative to his Publication
It costs less money and also allows for the elimination of jobs, high salaried employees, and aiding digital transitions...

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Positively Negative donated @Positively_Negative
06 April, 10:26
In response Peace Justice to his Publication
Agree, but productivity (sales of crap people don’t need)has dropped exponentially. So big banks are presumably sacrificing profit for safety against a virus w/99% survival rate?

It would be unprecedented that a bank put anything above profits.

All community banks open as normal. Suspicious.

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Peace Justice @JusticePeace
06 April, 01:08
In response Positively Negative to his Publication
big banks can sell over the phone, internet, and phone apps...

they arent losing money

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Positively Negative donated @Positively_Negative
06 April, 01:14
In response Peace Justice to his Publication
They losing revenue, which means must cut cost. Primary drain on bank earnings are people (compensation), capital (cost of funding loans) and real estate. The things that can be “sold” over the internet don’t make banks money. Deposits are a liability. Bank’s shedding real property at break neck speed. IMPO

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Peace Justice @JusticePeace
im not sure what you mean, deposits provide the ability to lend... loan officiers and financial advisors can conduct all business remotely.
01:16 PM - Apr 06, 2022
In response Positively Negative to his Publication
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