The Bank Soundness Question: What It Means for Agents
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Many independent agents have watched with concern as a small number of high-profile banks have faltered during 2023. Just what does this shock to the banking system mean to independent agents and brokers throughout the country?
The soundness of the banking system, frankly, is not something that most independent agency principals spend time thinking about. But since these issues have arisen, it’s important for agency leaders to navigate the issue. These four takeaways are relevant to agents in the current environment.
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