Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Layoffs Are Imminent
Posted on February 23rd, 2009 No commentsWhile layoffs at the big banks are grabbing national headlines, community banks and credit unions are beginning to reach the same conclusion that they need to cut staff to remain profitable. But “cutting 20 percent of the workforce at a smaller institution can mean firing five key people the institution simply cannot afford to lose.” Read more at GonzoBanker.com.
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