Thursday, March 09, 2006

Local Bank bubble ahead?


Bernanke warns community banks on loans:
The rapid growth in commercial real-estate loans made by community banks bears watching, even as these mostly smaller, local banks remain in good overall financial health, Federal Reserve Chairman Ben Bernanke warned Wednesday.
...........'However, more recently, there have been signs of some easing of underwriting standards,' Bernanke said in a speech to the Independent Community Bankers of America meeting in Las Vegas"
Don't forget, FDIC insurance only covers $100,000.

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