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Financial institutions are used to closing accounts because a customer is moving or wants the services available at a competitor, but recently, fears about the Y2K bug are being blamed as the culprit.
The state Department of Financial Institutions has declared that all banks in the state are prepared technologically for the change to 2000, but some customers are still closing their accounts.
Worried that a computer glitch could foul up bank records or even make cash inaccessible for weeks, some consumers are opting for having the money at home instead of in interest-bearing accounts.
No statistics are kept on how much money is being withdrawn from …