One In Four Community Banks Risks Failure In Next Three Years
Your article is about a company selling software to help community banks comply with the law.
I know 2 very fine local banks that are among the strongest financially in the nation. None of the “too big to fail” Mega Banks come anywhere close to the asset ratio and performance of those banks.
The “too big to fail” banks operate with much less stringent reserve requirements than the local or regional banks. It is the “illusion” of soundness, but is not backed up with reality.
Like the Federal Government and the illusion of soundness. Whimsical fantasy.
Thanks gentlemen....will be doing some studying.