Rebirth 79: I opened a bank in the United States

Chapter 653 My place!

"You are so confident?!"

"Black Flag Commercial Bank, 3000 million US dollars went out, it's all"

"It's okay! Don't worry, Black Flag Commercial Bank still has nearly 2000 million on its books!"

Rick's unbelievable face, in Carter's view, is undoubtedly the greatest compliment to himself:

Local savings banks, smaller even called savings and loan credit unions.It is difficult to form a climate in the United States, and the core issue is the issue of geo-trust.
Especially in smaller cities in the South Central US:

Back in the days when it was Black Bank, the owner of the bank, Chris Black, the cheap daddy of someone, could call every customer by name.

What street and number do you live in; how many people in your family, how many acres of land; do you like spicy food or sweet food; what hobbies do you have?
Old Blake knew everything about it, because he was a neighbor and a friend!
Based on this trust, the other party was willing to entrust the money to Old Black for safekeeping.And in a city, even a small town, with a population of tens of thousands, the number of people who can really achieve this kind of trust is actually limited.

the rest
They don't save money at all, and they don't open accounts with banks!
In fact, until the future, more than 20.00% of the people in the United States will not have a bank account at all! !
What I did back then was based on the consideration of making money; I had the responsibility of being a savings bank; You have to believe in yourself, little Blake!

To make money, someone from our card led everyone to make money!
The bread was bought with the money given to everyone by someone in Zanka!
Now, someone in our card said to take care of the money for you
If you want to blackmail your money, why do you still take you to make money? !

In Internet jargon, this is the traffic economy!Where it really does touch, in the triangle of Coffey and Atkinson counties, black-flag banks have high rates of household savings.And to the "overseas enclave" of the black flag - Plains
Then
Normally, Carter would never take the data from the Plains branch into consideration in his plans.
"To tell you the truth, this time I am running this black-flag commercial bank in Connecticut. Indeed, I have the idea of ​​extending its tentacles to New York and Boston. New Haven, which is located in the two financial centers, is undoubtedly a good outpost. .”

"But practically speaking, I'm interested in a business! It's similar to Payday Loans, but I'm not going to use their model. Moreover, Connecticut's restrictions on Payday Loans are a bit high, so I plan to start a professional microfinance business Company, wrap it up."

"From Payday Loans almost completely disregarding credit rating, you can get a loan with a bank card. But the repayment date is very tight, and the loan with high interest rate is different. I plan to lower the interest rate. From completely disregarding credit status, it becomes. Don’t think about credit rating or say, it’s a kind of micro-loan specifically for people with imperfect credit records, such as students and young people who have just started working.”

"From the change of form, see if you can bypass the regulatory restrictions in Connecticut. After all, we are not a usury on the street, but a regular loan. Well, this should be considered a subprime loan, and the interest rate will definitely be higher than that of a normal loan. Be tall."

"For this pilot, I plan to put Yale University, New Haven University, and Southern Connecticut University, starting with these three schools! Gradually push it out. For this, I allocated 5000 million US dollars, and this is completely threatened It’s less than the root of black flag savings! It’s even less than one-tenth of our black flag deposit liabilities!”

"GOD!! What you said is true? 5000 million is less than one tenth, and your savings are more than [-] million?! This is impossible?!"

Grabbing Carter's arm, Rick's expression seemed to be seeing an alien
"What's impossible? On the one hand, it's trust. I made money with them! I solved the unemployment problem of a large number of local people. Once this situation spread, plus I'm a local. The bank of local capable people , What do they not believe? On the other hand, in the past few years, we were able to make money there, and we found opportunities in the crisis. So, people have money!"

"It's normal to have this scale!"

Carter spread his hands, unwilling to entangle himself in this topic.Because, behind the current brilliance, I have to face a difficulty of how to get out
The market crisis is passing, but the banking crisis has just arrived.
The sequelae left by the era of high deposit interest rates, with the recovery of people's consumer confidence in the market, sooner or later there will be thunderstorms!
When people dare to spend money, they go to the bank to withdraw money.One or two doesn't matter, but when a large number of residents want to withdraw money
joke!

With a deposit rate as fast as 20.00%, Carter can't believe how many banks can afford it!
When collecting money, I'm afraid they all cried and collected it.Which of the savings banks that have not yet gone bankrupt is not playing hand thunder? !
Once there is difficulty in payment, it is time to explode!
In this case, black flag savings, how to go out?
Let's not talk about cleaning up the mess, let's forget about the mess, but the credit is still bad.Originally, it was not easy for migrant households to gain the trust of local residents, and now there is no economic crisis at the beginning, and the situation of "the right time, place and people" is gone.

Now take the order, or take the one that has just exploded, and the bottom of the order is about to be blown through
I am not a god, how can I play this kind of opening?How to make the black flag gain a firm foothold in other places?The key is not to spend a lot of extra money.
Rubbing his aching brain, Carter brought up the topic again:

"Change the subject, let's talk about the recent situation in school!"

"The Yale Daily News. Your bedside table is full. Read it for yourself!"

"If you want my life, just say it! Who cares about those trivial things? You pick something important and tell me!"

"It seems that nothing important has happened recently. Oh, by the way, there are a few situations that you may be interested in."

With his brain open, Rick tried hard to recall the situation in the past two months:

"I heard that Pepsi sponsored this year's Yale-Harvard regatta, and it's quite messy. They sponsored the Harvard team. It's somewhat targeted! It should be aimed at the fact that you and Coca-Cola jointly sponsored The Game, the Yale team last year!"

"You were still fighting at that time, now the dust has settled. This matter is already a bit irrelevant."

"They will pick people!"

Carter snorted through his nostrils.
Yale-Harvard regatta, Yale and Harvard rowing race.Seriously speaking, the level and historical status of this game is even more serious than The Game rugby
But usually, Yale doesn't like to bring up the contest.Because, in rowing
Yale didn't win a few times at all!
What is there to say about the games where people hang and beat them again and again?
It is also because the rowing event has been rubbed on the ground by the old enemy Harvard all the year round, which makes The game very important in the hearts of Yale people.
After all: looking for a place!
My place! ! !

(End of this chapter)