Early on, there was a query whether or not our banks would be capable of deal with duties like data verification, funds switch and reporting to federal authorities. In spite of everything, Maryland’s banks have skilled a lot upheaval in latest many years, together with by way of consolidation that has introduced the likes of Financial institution of America M&T, and PNC to our state. However at no level did the centuries-old bond between the native banking neighborhood and Fundamental Avenue Maryland fragment. As indicated by author John Sorensen, if there’s one factor that this episode has taught us, it’s that relationships matter. Certainly, they matter most throughout occasions of want. As Mr. Sorensen suggests, banks, whether or not world, nationwide or regional in stature, acted as financial first responders.