Reposition
The Peoples Bank of Gambier, which is a small, independent, Community Bank with FDIC insurance, was originally capitalized with $25,000 and 95 shareholders. Today, while still comparatively small at $55 million, the Bank incorporates a full range of services and competes with much larger banks while keeping a local presence. The Bank is the only locally owned and operated community bank in Knox County. It expanded the service locations throughout the county by opening two additional offices in Mount Vernon.
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...
President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...
