Wisconsin Banking Update
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Bankers Upset Over FDIC Assessment
Posted on March 18th, 2009 No commentsIt is easy to understand why community bankers are so upset by the special assessment the FDIC has proposed to restore the Deposit Insurance Fund. Whether the assessment is 20 basis points or 10, it will be a major hit to earnings. Many community bankers feel they are being asked to clean up a problem they didn’t create, writes NorthWestern Financial Review Editor Tom Bengtson. Read more on the NFR blog.
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