Axos Bank a local San Diego La Jolla Bank that prides itself on being one of the first digital Banks in the world. Let's see if they want to get down and dirty with DPOS

in hive-150033 •  5 years ago 

I saw this Axos Bank on a subreddit and it just made me think of San Diego Coin and so i looked up its story. Its from La Jolla and has 9.539 Billion in Assets and 0.96 billion in Equity

https://www.axosbank.com/business/small-business-banking/SDLOCAL?rdt_cid=2972264691981700964&utm_campaign=01543_nonprod_small_business_sd_local&utm_content=image&utm_medium=paidsocial&utm_source=reddit&utm_term=subred&utm_expid=.L2w0dFNtRROavGZKB8H0IA.0&utm_referrer=https%3A%2F%2Fwww.reddit.com%2F

Axos bank or Ackza's bank?

https://en.wikipedia.org/wiki/Axos_Bank

OK THIS STORY IS AMAZIng hahaah I gotta meet these guys @challengedac we GOTTA meet these guys

Axos Bank, formerly Bank of Internet USA, was founded in 1999 by Jerry Englert, the founder of Bank of Del Mar,[7] and Gary Lewis Evans, who was president of La Jolla Bank at the time.[8] The bank was among the first digital banks in the world.[9] The bank's holding company, BofI Holding, Inc., was incorporated in the state of Delaware in July 1999 for the stated purpose of organizing and opening an Internet-based bank.[10] The opening day of the bank was on July 4 for three reasons. One, Mr Englert wanted its customers to realize that although traditionally July 4 is a bank holiday, people would still be able to access the bank due to its online format. Second, he wanted to pay homage to his oldest daughter's birthday. Finally, the theme of the bank "Independence from traditional banking" jibed with the holiday's history.[11]
The bank was launched with $14 million in startup capital and was profitable within 14 months.[7] The bank's thrift charter allowed it, and continues to allow it, to operate within all 50 states.[10] The bank went public on NASDAQ as Bank of Internet USA on March 15, 2005.[12]The number of employees running and managing the bank has grown from 35 in 2007 to 534 as of December 31, 2015.[13]

BANK OF INTERNET, USA? hahaha amazing!

In April 2014, the bank purchased the bank unit of H&R Block.[16] In 2018, the bank became the exclusive provider of H&R Block's refund anticipation loans.[17]

So They do stuff for H&R Block cool, taxes! perfect! We can make a Smart Tax on Telos EOSIO together!

From 2013 to the end of 2015, Bank of Internet USA saw a 327% growth in the number of savings deposits.[19] Part of that growth may be attributed to Bank of Internet acquiring a portion of H&R Block's banking business in 2014, including 300,000 individual retirement accounts (IRAs).[20]

In March 2018, the bank launched BOFI Realtor (Axos Realtor), a free mobile app that allows realtors to track the status of their clients' mortgages through the bank.[21]
In April 2018, Axos Bank purchased the Chapter 7 business of the legal services company Epiq Systems Inc. This made Axos the second-largest company in the Chapter 7 bankruptcy and fiduciary services field.[22]
In July 2018, the bank provided a $40 million loan for a synagogue conversion on the Upper West Side. The bank's services “have appealed to middle-market investors and luxury rental developers in Brooklyn’s ultra-Orthodox communities[23],” according to The Real Deal New York Real Estate News.

WOW These guys are SERIOUS! And looks like in Oct 1 2018 they changed their name from BOFL Federal to AXOS wow and switched from Nasdaq to NYSE? so they wanted to go from Internet banking to just BANKINg sector lol wow

In 2018 Bank of Internet USA provided Dr. Kanodia, a plastic surgeon, with a $180 million loan for his Spec house.[29]
On October 1, 2018, BofI Federal Bank re-branded as Axos Bank, and switched its stock exchange from NASDAQ to the NYSE.[30]

I just love how they gave this doctor the money to build a 180 million dollar custom house :D didnt know doctors could make THAT much... oh he doesnt and he hasnt sold that house and had to lower the price to $60 million and its not for him to live in HAH well, maybe thats the problem lol you cant build grand theft auto houses for characters that dont exist lol wow imagine using $160 million to do an actual business project with sustainable tesla tiny houses. $160 million and you could build 10,000 tiny homes, or 100 for 100 of Americas cities or 1000 for top 10 American cities... or they could end poverty and homelessness in San Diego and become a world renowned bank. I may have to Help them!

ANYWay i saw this AXOS BANK ad on the Vaporwave Reddit while posting about an 80s VHS corporate Class Power generator Song that feels like a hint to get to the secret time travel elevator in the nearbye hospital that takes me to the underground base where I get to work on alien technology with the top artists like Grimes and elon musk

And after POWER GENERATOR we have ENERGY

WE CAN USE @publicbanksd to fund @uec with @verbz Serl Effect Generator Factories can be built by TESLA San DIego by 2025! No, 2022! Solar Turbines by caterpillar will create the CNC machines and CMM machines to inspect them and we will generate 15KW power packs that require only Neodynium for fuel and it will last so long we will never have to replace it in our lifetimes. We will put them near BTC minders which will HEAT them up because the SEG tech requires heat and makes the area around it COOL

Lets get those Tiny Homes Axos Bank! if you can fund all of those real estate and Internet banking projects AND a failed Spec House that some plastic surgeon wanted to flip, hah well, you should cut your losses and invest in SAND and TELOS and the EOSIO blockchain space which can be used with @publicbanksd and the California Public Banking Alliance!

https://www.sandiegouniontribune.com/communities/san-diego/story/2020-02-02/state-legislation-prompts-san-diego-to-explore-creating-a-city-owned-public-bank?utm_source=dlvr.it&utm_medium=twitter

WOW ANOTERH GEM i found in this Vaporwave Playlist from the 80s that was used in all 80s and early 90s sports and news themes! hahahaah SOudns like the super smash bros theme PUMPING ME UP to CREATE MY OWN PUBLIC LOCAL BANKING PROPOSAL SYSTEM USING TELOS AND AN EOSIO VOICE BASED LOCAL IDENTITY SYSTEM FOR ALL CITIZENS IN THE CITY TO GET UBI USING INTEREST ON THE LOCAL CITIES FUNDS!!!

If approved, San Diego would launch its public bank, which could happen as soon as next year, using hundreds of millions of dollars from city reserves that it now keeps at Bank of America and US Bank.
Supporters say that by cutting out a commercial bank as the middle man, the city could generate interest revenue as high as 20 percent from loans it would make.
The city now receives small interest payments from B of A -- currently about 1 percent — and earns revenue of about 2.4 percent from cash it transfers into the city treasurer’s “pooled investment fund.”

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