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Banking in Rural America Insight from a CDFI

Banking in Rural America Insight from a CDFI

As being a community that is rural and U.S. Treasury certified Community developing lender (CDFI), Southern is completely alert to the value of CDFIs in rural markets through the nation. Within our paper that is recent in Rural America: Insight from the CDFI, we illustrate why CDFIs like Southern are well-equipped to handle the difficulty of community banking institutions making rural communities according to Southern’s current purchases of three banking institutions in various Arkansas areas.

During the last three years, over fifty percent of all of the banking institutions in the usa have actually closed. (more…)