"It's not that, it's not that... we haven't reached that point yet! The Hunter family can still negotiate with those big banking groups and live in an ignoble way, not to mention that our current asset status is not bad!'

Hearing Goodman's pessimistic words mixed with a hint of cuteness, Carter couldn't help but raise the corners of his mouth and waved his hands repeatedly in an attempt to dispel Goodman's avoidance mentality.

"Besides, I still have more than 10 million in hand. I'll inject more capital into the bank later. Anyway, with the establishment of reserve ratio requirements and the opening of the Federal Reserve's services, I can't hide this money. Instead of that, I can't hide my money."

Hiding it secretly like now, or putting it in the bank as depositors' deposits, squeezing our funds. It is better to inject capital into the bank, which can also increase the capital and allow me to make larger business investments in the name of the bank."

The details stipulated in the new bill are very interesting. The limit for issuing commercial loans, or consumer credit, such as credit card business, is 5% of the bank’s assets. This refers to the bank’s total assets. It means adding deposits and owner’s equity, which means it belongs to the bank.

The bank's money is added together. The limit on the scale of commercial investment, purchase of commercial papers, bonds, etc. is 20% of one's own assets.

If there is no problem with your own understanding, isn't this so-called own asset the bank's capital?

After deducting the vehicles purchased by HT Company, personnel salaries, construction of cold storages, warehouses, factories, renting office space, or prepayment of some cooperation deposits, Carter has about 28 million in cash, and currently there is at least 16 million left. This

The money injected into the bank almost allowed Black Bank to run sideways in southeast Georgia.

There may even be a funny situation where the business investment limit is US$3.2 million, which completely exceeds the consumer credit limit by US$1 million.

But even a consumer credit line of 1 million is no weaker than that of many commercial banks. Of course, this premise is that you have to ignore the annoying geographical restrictions and not go to large commercial banks such as Bank of America and Chase Manhattan.

Compare.

With the current strength, it is still incomparable with them. But if he only focuses on his own three-thirds of an acre of land, Carter discovered that by doing so, his bank has already broken the restrictions on separate operations.

There is a lot of room for maneuver!

"No, I have to call Montgomery first. Don't buy a new car. Buy a second-hand car, and you can save at least one million U.S. dollars. When the money is recovered, my investment amount of about 3.4 million, and the

With a consumer credit line of tens of thousands, there is already a lot that can be done. This might be an opportunity!"

Thinking of this, Carter immediately picked up the phone on the table and called Montgomery in Memphis. Goodman savored Carter's words carefully while continuing to read the contents of the bill.

Carter's call came in a timely manner, almost stuck in Montgomery. After shopping around, they had just finalized the truck supplier and were about to send someone to sign the contract when the call came in.

After explaining the general content of the new bill, Montgomery also understood Carter's concerns. After a brief discussion, the two of them cut the original purchase plan of 100 new trucks into 10 new trucks and 90 new trucks.

The actual purchase plan of a second-hand car.

After all, it is a new company, so it must have some good cars to support its appearance. Carter is already satisfied with being able to save over 1 million yuan. When Carter put down the phone, Goodman spoke again:

"What you said makes sense, but maybe I'm overthinking it. I just thought about it, doesn't the city of Pilsen hope that you can provide loans to the original restaurant owners? If everything goes well, try to defraud them as much as possible.

No, convince them to join the ht plan. The more merchants join, the more mortgage loans we can lend.

"If the efficiency of ht company can be maintained, then the bad debt rate of this series of loans should not be high. Maybe we are really the beneficiaries of this reform?"

As Goodman tasted it, his head suddenly started to buzz. How come this thing, which seemed to be a bad thing, turned into a good thing?!

The main reason why people can't bear it is because they can't lend it out! The demand for local loans is limited, and a large amount of money is not only unprofitable, but they have to pay interest on it. In the end, they can't bear the collapse. But if they... If the ht plan

If everything goes well, then not only will their demand for loans not be low, but it will be extremely strong!

The councilman of Pearson City knew that local merchants could not afford to invest in ht stores, and he, Goodman, also knew it. After all, this kind of thing is not a secret. The business of a small shop, how about the business, squatting in the store?

You can basically guess it by just looking at the door, so you can't hide it from anyone.

"Maybe so. The key depends on the specific implementation. I hope everything goes well... By the way, Uncle Goodman, please tell me about this national settlement service. I generally know what liquidation means, but the specifics

You have been worrying about this link before, I need to know its operation process."

Carter shrugged. Although his words were very reserved, the increasingly relaxed expression on his face clearly revealed what he was thinking.

After communicating a general direction, Carter turned his attention to the next item. That is, allowing non-member banks of the Federal Reserve System to enjoy the services of the Federal Reserve and allowing private institutions to participate in settlement business.

The Federal Reserve's services include many things, such as the discount service mentioned earlier, which means the Federal Reserve lends you a sum of money! Although they are all loans, the loans from the member banks of the Federal Reserve System are called discounts and subsidies, and their nature of help is greater than that of lending. Like

I previously borrowed US$500,000 from the Atlanta Fed, which was purely an interbank loan, not a discount.

In terms of interest rates, cycles, and review difficulty, they are not at the same level at all. However, his current financial situation is not bad, and the discount service is not needed for the time being. Naturally, Carter's eyes turned to a company called NSS that was almost immediately behind the discount service.

, that is, national settlement service, national settlement service.

"Okay, before I talk about this, first of all, do you understand the concepts of settlement and liquidation?"

"Well, I probably know something about it. Liquidation is the transfer of debts and claims, and settlement is the transfer of funds?'

Card nodded, he still had the basic concepts. He was also a bank owner. In addition to studying high school courses, he never stopped absorbing some knowledge needed in the banking industry.

It's just because of his studies and because he is not a bank manager. He has not participated in the actual daily operations of the bank these days, so he does not understand the process issues, or he does not understand them deeply.

Originally, Carter planned to take his time and wait until he had time during the holidays to actually experience the specific work of bank employees in this era, and then slowly get to know and understand it.

But this sudden change in the bill forced Carter to speed up urgently in order to understand the logic, operating procedures, etc. as soon as possible, so that he could make accurate and timely response decisions based on his understanding of the future!

"Yes, settlement and liquidation are roughly like this. Liquidation is to calculate how much money you need to give to which party, and which party needs to give you how much money, and then settlement is to allocate the money accordingly...
Chapter completed!