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Small Banks Seen as Consolidating To Cope With Revamped Financial Rules

July 28, 2010 in Banking Report · Leave a Comment 

Although the recently enacted financial reform bill (Public Law No: 111-203) appears to be less burdensome on community banks than their larger peers, experts expect that the new regulations and tighter scrutiny resulting from the regulatory overhaul will force many of those banks to consolidate in order to survive…

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