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A Bulwark Against the Rise of Banking Deserts
Summary by San Diego Business Journal
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A Bulwark Against the Rise of Banking Deserts
SAN DIEGO COUNTY – Fueled by the Great Recession, the COVID pandemic and new technologies, brick-and-mortar financial institutions have seen a steady decline in the 21st century, creating what are now called “banking deserts” in some communities across the U.S. Banking deserts are geographic areas, often in low-income or rural communities, where access to traditional […]
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