It’s not the historical or national norm to be handed a $1M check, drop it into a bank account like birthday card money, and then conduct all your banking busin

It’s not the historical or national norm to be handed a $1M check, drop it into a bank account like birthday card money, and then conduct all your banking business digitally. Some of that’s a startup thing and some of that’s a generational modern thing. Traditionally, businesses establish relationships with their banker (a person), who helps steward their accounts, apply for loans, understand and pursue savings and investment options for held balances, etc Banking organizations are built around this very very long-standing model. There are processes and spreadsheets and powerpoints and dumb little mugs for high performers and all those things. Clearly, with the consolidation of banks and the pervasiveness of online banking, this is in the process of changing. This story captures one of those transitional moments, where a young kid with a startup is completely blind to what bankers expect to be doing. But your version of “how things are” is very contemporary, and wasn’t quite the way of things when this story takes place.