Community Financial Institutions: Parking Lot for the Benjamins
Jeff For Banks
NOVEMBER 6, 2011
From December 31, 2009 through June 30, 2011, deposits for all FDIC insured depositories increased 5.84%. At first, senior managers of FIs felt good about the inflow. This may have created a little hubris among senior managements, thinking it was the quality of their service and the value of their brand that attracted the core funding.
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