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FDIC Study Shows Ongoing Resilience of Community Banks

Posted on 4/9/2014

The Federal Deposit Insurance Corporation released a study today on long-term consolidation in banking and the impact this will have for community banks. The study found that institutions ranging in asset size from $100 million to $10 billion have increased both in number and in total assets since 1985.

"The FDIC study clearly demonstrates the strength and resilience of the community bank sector and supports the conclusion that community banks will continue to play a vital role in the financial system of the United States for the foreseeable future." Said FDIC Chairman Martin J. Gruenberg.

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