MEGABANKS vs. COMMUNITY BANKS

The ICBA Independent Banker magazine recently reported that the top 24 banks in the U.S. hold $10.7 Trillion in total depository assets, while the remaining 6147 community banks hold $5.4 Trillion depository assets. So basically one-third of U.S. deposits are held by your local community bank. An important part of our country’s economic engine. 

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