Small banks: Don't forget about us

A handful of some of the smaller community banks in the region covet something different: to be big.


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  • | 6:00 a.m. June 15, 2018
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File. Freedom Bank President and CEO Cathy Swanson says surpassing $500 million in assets is an important goal at the bank.
File. Freedom Bank President and CEO Cathy Swanson says surpassing $500 million in assets is an important goal at the bank.
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That’s a genuine grin your local community banker is wearing.

Chalk it up chiefly to the arrival of profits, regulatory rollbacks and new federal tax laws that let banks keep more of the money they make, say several area bankers who run institutions with assets below $500 million.

 

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