Community banks remain crucial for US economy
Despite numerous challenges facing community banks they will continue to play a key role in the financial system, notes the latest Chicago Fed Letter summarising the discussions at the annual Community Bankers Symposium.
The letter notes that community banks in virtually every region of the US face significant economic challenges in the near and medium term. However, the letter also notes that community banks' local connections and greater familiarity with local conditions give them an edge in
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Financial Stability
Banxico paper probes forced labour’s lingering effects in Ecuador
High forced labour involvement is associated with decreased descendants’ income
BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
The BIS’s Asia chief speaks with Christopher Jeffery and Jimmy Choi about supporting liquidity, financial stability and innovation in the Asia-Pacific region
Turkey official inflation surges to nearly 70%
Finance minister Şimşek says inflation will peak in May and then decline
Danish central bank warns over interest-only mortgages
Amortisation requirements for “riskiest loans” may reduce housing volatility, report says
Sri Lankan inflation rises in April
Foreign exchange reserves rose as a result of central bank intervention
Growth to slow in Asia-Pacific this year, IMF says
Fund cites ageing populations and lower productivity
Politics and economics drive swap line decisions – IMF paper
Financial and trade links as well as political reasons affect decision-making, authors say
US needs to change bank takeover rules, FDIC official says
Rohit Chopra criticises SF Fed over bank linked to Sam Bankman-Fried firms
Most read
- ECB staff speak out against changes to internal survey
- Central bank of the year: Central Bank of Brazil
- BIS’s Zhang Tao on why Asian central banks favour a broader policy mix