Schmidlap Bank, A Division of Community Bank
Jeff For Banks
NOVEMBER 4, 2017
"We want to keep our charter because the OCC is a more distinguished regulator." Seriously, that is what a bank chairman told me when arguing to keep his bank's charter during merger negotiations. Something like "we've spent 100 years building the reputation of this bank and 'poof', it's gone at the stroke of a pen."
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