A 2014 GOBankingRates study of the biggest banks in every state found traditional banks are actually doing quite a bit of good, according to U.S. News and World Report.
“The biggest banks employ close to 1 percent of the U.S. workforce or 1.23 
million people. Their state tax bills are hefty, too; Wells Fargo paid $1.9 billion to its headquarter state of California in 2013. These banks often also give back to local communities in other ways. JPMorgan Chase, for example, committed $100 million to helping Detroit’s economy recover, and 18,500 nonprofit organizations and schools benefited in 2013 alone from Wells Fargo’s charitable giving of $275.5 million,” U.S. News reported.
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