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Finance
Finance· Banking

The hidden cost of losing your community bank: disruptive innovation

As community banks disappear through mergers and consolidations, local businesses and entrepreneurs lose access to personalized lending and relationship-based financial services that larger institutions typically cannot replicate. The trend raises questions about whether the efficiency gains from banking consolidation come at the expense of small-scale innovation and economic vitality in communities dependent on local financial institutions.

about 20 hours ago

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