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January 06, 2009
A Small Bank Juggles Its Roles
Across the U.S., a host of community bankers like him are making daily decisions that affect how the U.S. makes it through this recession and credit crunch. They walk a fine line. Holding to lending standards that are too strict can worsen the local economic toll. Being too lenient can run afoul of newly nervous bank directors and regulators, or endanger the bank's own survival. Add to that the tension of making hard decisions about customers who are also neighbors.
Posted by Robert Clough at January 6, 2009 09:23 AM