Capital Indiana Retail Taxes 
Jeff For Banks
MARCH 5, 2021
According to my firm's profitability peer group, a branch with $74 million in average deposits made a mere pre-tax profit of three basis points. Similarly, the annual operating cost per account for a retail checking account is $398. Retail banking is heavily regulated. A very high hurdle in an LMI neighborhood.
PYMNTS
JULY 22, 2019
Unfortunately, caught up in the “Big Tech is bad” frenzy , they seem to be ignoring the innovations those platforms have created – all of them – which democratize the retail field of play to be more inclusive of small merchants in ways that were never before possible. Taxes and other measures put in place years earlier were even rolled back.
Expert insights. Personalized for you.
78 
Let's personalize your content