I couldn't agree more,, more and more ratios are being created ,,,soon we will have number of branches expanded from
year over year just and sales year over year for branches open more than a year......
why do banks continue to build branches that need to pay rent, utilities, data, and security, employees and management.
they should be finding a new pipeline to their customers that require less physical exposure and thus less cost.
Not too many people go to the bank, i still do,,, there are no more lines,,,, and sometimes i have to help them count
the money as they don't know how to count that high..... and sometimes they tell me to come back tomorrow,, cause
they don't have enough cash to cover me.... !!! wow,, no make that a double wow....
banks need to wake up ,,, they will need to close up branches which doesn't look good and lay off employess on the
front line that they don't need or move them to back office as those operations will expand as lending returns.
over 1 million home starts are expected by the building industry, is banking paying attention????
enough with the vent
take care , careful investing.