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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

COVID-19 has caused urban flight, hollowing out cities by catalyzing the surge in working from home, shopping online and not traveling far from one’s residence. Missouri-based commercial real estate broker John John told local media that the pandemic was the final push for a sector that had already been in a decline.

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At home with HOA banking

Independent Banker

is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. According to Kientz, if an HOA has an FDIC-insured bank account of more than $250,000, it often takes multiple banks to manage the funds—but Academy Bank can handle accounts of that size on its own. Assets: $2.3 Solving pain points.