Washington killed 3,700 community banks — and refuses to let tech fix it

For generations, local bank branches served as the center of the community where people could safely hold their deposits, secure a mortgage, or obtain financing to launch a business. Times have changed. Today, more banking than ever occurs online. Onerous federal regulations have shuttered thousands of banks. As the industry evolves, policymakers must ensure regulations [...] The post Washington killed 3,700 community banks — and refuses to let tech fix it appeared first on CBNC .