Readers of this blog know we often teach what we learn at our bank or at other banks throughout the U.S. However, this time we need more help. Specifically, for those banks that are trying to serve under banked or minority-owned commercial customer there is an inherit set of economics that are difficult to overcome. Very few banks in history have succeeded in this area and those who have did so prior to the 90’s. Given compliance costs and transactional friction, it is almost impossible to turn a profit.