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9/25/11
More than one sort of bank
How State Banks Bring the Money Home by Stacy Mitchell — YES! Magazine: "To begin to understand this, take a look at each end of the banking spectrum. On one end are the nation’s 6,900 small, locally owned, community banks. These institutions control $1.4 trillion in assets. That’s 11 percent of all bank assets. They currently have $257 billion in loans to small businesses and farms on their books."
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