BofA leadership cares about shareholder returns and the bank's reputation (since the recession), which could impact returns. The bank is not "woke" but the reputation risk of ending up in a news headline is the issue. This industry is likely too small to matter to BofA anyway.
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Corporatocracy running amok -
@BankofAmerica seems willing to deny services to legitimate customers based on political trends - I am required to serve every customer or be sued by the government for some kind of diversity failure. Leave BoA and consider a small regional bank. -
I don't trust ANY lending institution! Small banks get less scrutiny due to the small town/small mindsets. They operate within tribal mentality.
End of conversation
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Wut? Banking BoD's and upper echelon officers are not mandated to take IQ tests. Because if they were required, every small-medium privately held bank in rural America would be shut down due to sleazy lending practices.
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