Updated Friday, August 1, 2014 as of 11:55 AM ET
- Bank Channel
Policy Changes That Could Help Save Community Banks
by: Richard Parsons
Friday, May 2, 2014

The U.S. government may have the ability to prevent the nation's community banks from going the way of the corner drug store. If legislators and federal agencies want to stop bank consolidation from diminishing the ranks of small lenders, they must relax the government's iron-clad grip over 6,046 community banks that today control less than 10% of the country's banking assets.

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