FDIC explores driving factors in community banking
Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corporation (FDIC), on September 14 said the organisation is analysing the drivers of success in community banking in the United States.
Speaking at the American Banker Regulatory Symposium in Washington, DC, Gruenberg said the success of community banking depends on institutions understanding their borrowers, including small businesses and their reliance on core deposits for funding. Many of the community banks that failed since
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