Community Banks Struggle but Play Vital Role in Local Economies

July 25, 2010 at 7:03 am Leave a comment

John Talton from the Seattle Times writes “The Great Recession and its hangover have been nasty for community banks, roughly defined as institutions with less than $1 billion in assets. (JPMorgan Chase, by comparison, has about $2 trillion). Nearly 100 have failed this year, including seven in Washington state.” Read more here.

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Entry filed under: Banks and Finance, Community Banks. Tags: , , , .

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