It's not surprising that African Americans are more wary of banking
electronically than other consumers.
In addition, several factors indicate that the Batesville banking
market is attractive for entry.
But even as it adds convenience for the customer, technology may prove to be the single greatest challenge to the community banking
Today," says Stegman, a former Clinton administration official who heads the Center for Community Capitalism in the Kenan Institute of Private Enterprise at the University of North Carolina, "less than 30 percent are, and the migration from the conventional banking
system to mutual funds, money market accounts, and other savings vehicles outside of CRA continues unabated.
While the banking
industry was consolidating, it was also feeling the heat from shareholders who wanted to see higher returns on their invested capital.
Thus, one last caveat: Don't make your banking
decision strictly based on rates.
system closer to that of South Korea or Japan.
Pricing services differently to private banking
clients is one way of giving them special treatment," notes a recent survey by Trans Data, a research and consulting company in Wayne, PA.
Approved by the Director of the Division of Banking
Supervision and Regulation, with the concurrence of the General Counsel, pursuant to authority delegated by the Board.
Operational quality is number one in our banking