AmiSight 8/30: Banking Issues and Financial Scams Are on the Rise
I have always argued that small businesses should bank with regional community banks where they matter and make a difference. A recent article on NBC discusses the rise of banking issues and financial scams; customers face an uphill battle when something goes wrong.
The article then digs in to tell the story about a week ago, an unknown number of Wells Fargo customers were suddenly unable to withdraw money from their bank accounts.
If you work with a smaller bank where you have a relationship that matters – your chances of solving these issues quickly are exponentially better.