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Chart of the Day: Vanishing Banks

Crews Bank & Trust Wealth Management Services Jun 7, 2023
chart shows over 14,000 banks in 1980 and just 4,236 in 2021

Contents

There used to be a bank on every corner; however, today’s Chart of the Day from BlackRock shows a 71% decline in US banks since 1980.  Why? Large banks are able to spread the cost of increasing regulations, and this barrier makes it harder to start new, smaller banks.
Chart of the Day

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Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

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