Richards, who is one of 68 staff at the nine-branch bank, says $40,000 has flowed out of customer accounts to crypto investments over the past 90 days alone. While that is relatively minor for a lender with $330m (£249m) in assets, Richards worries it is a sign of what is to come.

This is an interesting real world data point about the size of one path these depositors from this demographic are choosing to gamble with unsecured, unregulated, crypto to try to make money. I’d be interested to see the numbers for similar risky get-rich-quick withdraws like Polymarket/Kalshi or Fanduel/Draftkings/sports books gamling.