I have started asking lenders in my Tax Return Analysis training for banks and credit unions where they are on a 1-10 scale.
10 is the best year they had in the last ten years.
1 is the worst year of the recession.
In Southern California, the answer is averaging out to 5. Another way to think of this is ‘halfway back’.
Where are you and your financial institution on a 1-10 scale? Use the comments below, give us your rating and your geographic region.
