Local banks, local lending, drying up in rural America
Story Date: 1/3/2018

 

Source: Cathy Burke, NEWSMAX, 12/25/17

Financial lending is drying up in small communities around the country, making it harder for small businesses to stay up and running, The Wall Street Journal reported.
The kind of in-person banking crucial to many small businesses is disappearing as banks consolidate and close rural branches, the Journal reported.

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