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03/28/10
A rough road still lies ahead for small banks
Filed under: General, Business, Mortgages
Posted by: Lillian Wong @ 1:05 pm

These aren’t the companies that come to mind when you think of banking.

They don’t have branches at every major intersection or ads splashed across billboards or television. Their top executives typically don’t travel by private jet. Most didn’t receive any federal bailout money.

But what the many small banks in Arizona have shared with their large rivals is an inability to avoid fallout from the soft economy and weak real-estate values.  more…


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