FDIC study points to healthy community banking sector
The FDIC’s Community Banking Study shows the community bank model of reliance on relationship banking funded by core deposits remains viable. Released Dec. 18, the study reported bank charters declined by nearly 50 percent between 1984 and 2011. In that same period, assets held by community banks declined by more than 24 percent. However, community banks are still the sole financial services provider for 20 percent of the counties in the United States. The study, in the works for more than a year, also concluded . . .
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