Despite a new regulatory environment some community banks are thriving
As this fine article in Virginia Business states, America’s community banks are facing strong headwinds.
But in spite of tough competition, an underperforming economy and the heavy-handed approach of federal regulators and Congress, many community banks are doing just fine, thank you. In fact many, like John Marshall Bank, are thriving, thanks to a solid strategy, a strong management team and a focus on growing “slow and steady.” A big hat tip to Bruce Gemmel at John Marshall Bank for sharing this tory with us: http://www.virginiabusiness.com/news/article/still-growing-strong.