|
North Dakota | I hear you but my banker, accountant, lawyer and financial advisor have A LOT of customers/clients. Except for my banker in the hundreds if not thousands. Loans, loan payments, mortgages, deposits, wills, land transactions, abstracts, SEPS, 401K’s, stocks, bonds, etc all require physical paperwork that needs signed, co-signed, filed and withdrawn for amendment and refiling. This requires a physical repository and place of business with tellers, head cashiers, paralegals, financial officers, secretaries, clerks, etc. Sure some of this can be accomplished “in the cloud” but definitely only a finite amount. | |
|
There will be bank failures caused by commercial real estate losses
