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Rate hikes will be boon for tri-county banks in 2017

By   /   Friday, January 6th, 2017  /   Comments Off on Rate hikes will be boon for tri-county banks in 2017

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Tri-county banking and credit union executives are optimistic the New Year will bring positive changes to the regional financial industry. The prospect of increasing the federal funds rate, albeit gradually, will give some relief to banks’ compressed net interest margin while a spate of consolidations have created better capitalized banks and spread rising regulatory costs…

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