"Are you so confident?!"

"Black Flag Commercial Bank, thirty million US dollars out, this is all"

"It's okay! Don't worry, Black Flag Commercial Bank still has nearly 20 million on its books!"

The disbelief on Rick's face is undoubtedly the greatest compliment to Carter:

Local savings banks, or even smaller ones, are called savings and loan credit unions. It is difficult to form a climate in the United States. The core issue is geotrust.

Especially in small cities in the south-central United States:

Back in the days of Black Bank, the bank owner and card guy's cheap daddy, Chris Black, was able to call every customer by name accurately.

What street and number do you live on? How many people are in your family and how many acres of land you have? Do you like spicy food or sweet food? What are your hobbies?

Old Black knew everything about it, because he was a neighbor and a good friend!

Based on this kind of trust, the other party is willing to entrust the money to Old Black for safekeeping. And in a city, even a small city, with a population of tens of thousands, the number of people who can truly achieve this kind of trust is actually limited.

The rest of the people

In fact, they don’t save money at all, and they don’t know how to open a bank account!

In fact, until the future, more than 20% of people in the United States will not have a bank account at all!!

When I did what I did, I had to consider making money; I had the responsibility of being a savings bank; I had Benjamin's favor. But the more critical point is to restore the residents' confidence in themselves, and even make them trust Old Blake more.

You have to trust yourself, little Blake, even more!

Making money is made by someone and everyone!

The bread was bought with the money given to everyone by someone in Zaka!

Now, let's ask someone to take care of the money for you.

If you want to blackmail your money, why do you still make money with you?!

In Internet parlance, this is the traffic economy! In the places where it really touches, that is, in the triangle area of ​​Coffee County and Atkinson County, Black Flag Bank’s residents’ savings rate remains high. And in Black Flag’s “overseas enclaves”

-Plains

Then

Normally, Carter would not take the data from the Plains branch into consideration in his plans.

"To tell you the truth, this time I set up this black flag commercial bank in Connecticut. Indeed, I have the idea of ​​extending my tentacles to New York and Boston. New Haven, located in the two financial centers, is undoubtedly a good outpost.

.”

"But realistically speaking, I have my eye on 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. I plan to start a professional microfinance business."

Company, wrap it up."

"From Payday Loans, credit ratings are almost completely ignored, and you can get a loan with a bank card. But unlike loans with tight repayment dates and high interest rates, I plan to lower the interest rate. From not considering credit status at all, to...

It does not take credit ratings into consideration, or it is a small loan specifically targeted at some people with imperfect credit records, such as students and young people who have just started working.”

"In terms of form changes, let's see if we can bypass the regulatory restrictions in Connecticut. After all, we are not a street loan shark, 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 high."

"I plan to place this pilot at Yale University, the University of New Haven and the University of Southern Connecticut, starting with these three schools! Gradually expand it. To this end, I have allocated 50 million US dollars, and this is completely

It does not threaten the foundation of Black Flag’s savings! It is not even one-tenth of the size of our Black Flag deposit-type liabilities!”

"GOD!! Are you telling the truth? Fifty million is less than one-tenth, and your savings are more than 500 million?! This is impossible?!"

Holding Carter's arm, Rick's expression was as if he had seen an alien.

"What is impossible about this? On the one hand, it is trust. I helped them make money! I solved the unemployment problem of a large number of local people. Once this situation spread, plus I am a local. A bank for local capable people.

, Why don’t they believe it? 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!”

"With this scale, it's normal, right?"

Carter spread his hands and did not want to dwell on this topic. Because behind the current glory, he also has 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, as people’s consumer confidence in the market recovers, sooner or later there will be thunder!

When people dare to spend money, they go to the bank to withdraw money. One or two people don’t matter, but when a large number of residents want to withdraw money

joke!

With a deposit interest rate of almost 20%, Carter doesn't believe how many banks can afford it!

I'm afraid everyone cried when they collected the money. Which savings bank that hasn't gone bankrupt yet is not playing tricks?!

Once there are difficulties in cashing out, it’s time to explode!

In this case, how to get out of Black Flag Savings?

Not to mention having to clean up the mess, even if the mess is bad, it is still bad in terms of credit. Originally, it was not easy for outsiders to gain the trust of local residents, and now there is no longer the original economic crisis, and there is no longer the "right time, right place, right people"

situation.

Now to take over the plate, or to take over a plate that just exploded with lightning, and the bottom of the plate was almost blown through

I am not a god, so how do I play this kind of start? How do I make Black Flag gain a foothold in the field? The key is not to spend a lot of extra money.

Rubbing his aching brain, Carter brought up the topic again:

"Change the topic and talk about the recent situation in the school!"

"The Yale Daily News. It's all piled on your bedside table. Read it yourself!"

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

"Nothing important seems to have happened recently. Oh, by the way, there are a few situations that may interest you."

With his head scratched, Rick tried hard to recall what had happened over the past two months:

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

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

"They do know how to pick people!"

Carter snorted through his nostrils.

Yale-Harvard regatta, a rowing match between Yale and Harvard. Seriously speaking, the level and historical status of this match are even more solemn than the rugby game.

But usually, Yale doesn't like to mention this competition. Because, in rowing events,

Yale has never won at all!

What's there to say about being beaten repeatedly in games?

It is also because the rowing event has been rubbed against the ground by its old enemy Harvard for many years, which makes The Game particularly important in the hearts of Yale people.

After all: find a place!

My place!!!
Chapter completed!