Wisconsin Banking Update
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Community Banks Go For TARP
Posted on December 1st, 2008 No commentsBack in October, a survey by financial services firm Banc Investment Group showed that 66 percent of the community banks responding were unlikely to participate in or strongly opposed the idea of accepting Troubled Assets Relief Program capital. Just 8 percent said they’d take the money. In a survey completed in late November, 56 percent said they would apply for the program, and 3 percent had been approved, according to U.S. Banker.
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