Banks Getting Squeezed; Tough Competition, Thrifty Customers Cited
The Milwaukee Journal Sentinel › December 01, 2006
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Summary
Wisconsin banks are lagging behind their peers nationally in making money this year, a new report by federal bank regulators shows.
Two possible reasons: an extremely competitive lending environment and a state consumer culture that seeks out the highest savings rates while balking at banks that tend to keep raising fees.See the full content of this document
Extract
Banks Getting Squeezed; Tough Competition, Thrifty Customers Cited
Overall, Wisconsin's commercial banks made $1.04 billion through the first nine months of this year, up less than 2% from $1.02 billion during the year-earlier period, accordi...
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