Paint a realistic picture of the future of banking. Please include a forecast for the health of the financial industry.
Banking is the second oldest profession in the world.
And in Alaska it s still pretty straight forward and simple. Alaska was built on timber, gold and fish. The banking industry made money by lending money to growing small businesses, historically the backbone of Alaska s economy. These businesses harvested natural resources and provided goods and services to the railroad and the military. And that s still true today.