We have a local community bank. The bank served the needs of a single small New England town and small liberal arts college. Starting with 80's and 90's the ban

We have a local community bank. The bank served the needs of a single small New England town and small liberal arts college. Starting with 80's and 90's the banking deregulation caused the bank to start working the college's endowment to the point where the Financial Services part of the bank felt compelled to buy the banking services arm. Needless to say banking services became unusable. The best example is an 8 year old child had their birthday account become a deficit for not maintaining a minimum balance. Plenty of tears were shed as the mother tried to explain to child the bank didn't take all your money...