
Over 3,000 “major” bank branches closed last year HERE! Is this the beginning of a cashless society (do search on this site for other posts on “cashless”)? What will happen when you have no cash? What will happen when you cannot write a check for payment? What will happen when everything is digital, and with a keystroke you can be wiped out? What will happen if the power goes out? What will happen if you are politically incorrect? What will happen if…..?
Also, consider the fact that each branch has a branch manager and at least two tellers. That’s 3 employees minimum per branch times 3,000 equals 9,000 out of a job. These jobs, for the most part, will not be replaced. That means fewer people will be able to afford goods and services. That means a continued decline in the economy!
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