Investors should encourage a resurgence of local community banking

The number of community banks in our nation is at the lowest point in recent history. From a high of 18,033 in 1985, there were 5,477 as of the third quarter of 2018. Because of the interest and value in community banks, many have sold to larger institutions as heavy consolidation has occurred in the banking sector. This consolidation creates opportunities for investors to start new community banks.

Source link

Leave a Comment

U.S. youth rally in Washington protests climate inactionLori Loughlin and Felicity Huffman sued for $500bn in college cheating scam