Inside Business: Banking Small and Local, Makes a Big Difference

Inside Business: Banking Small and Local, Makes a Big Difference

Everyone noticed the headlines earlier this year when three large, regional banks failed—Silicon Valley Bank, Signature Bank and Silvergate Bank – and there’s been ongoing nervousness about banking in general, especially among regulators and the financial markets, specifically about regional banks. But what is a “regional bank?” The concern isn’t about large, household names that regulators might consider “too big to fail”—Bank of America, Citi…