New Federal regs threaten Montana's rural banks

 

November 23, 2023



In the quiet corners of rural Montana, credit unions and community banks offer a unique ability to focus on bringing value to Main Street rather than Wall Street. These institutions have a vested interest in the success of their communities and often serve as economic anchors, supporting local businesses, farms, and ranches. Local banks offer a unique ability to build personal relationships and offer services dedicated to fit the specific needs of a rural community. However, their ability to do just that would be at risk if federal legislation is passed that would restrict their ability...



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