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Community Banks and Thrifts with Highest Returns on Average Equity

Community Banks and Thrifts with Highest Returns on Average Equity On Dec. 31, 2008. Dollars in thousandsPublished July 30, 2009 Rank Return on avg. equityAssetsReturn onaverage assetsEfficiency ratio 1Q '091Q '08 1 Grand Rivers Community Bank Grand Chain, Ill. 71.01% 19.11% $14,610 5.92% 79.38% 2 University Bank Ann Arbor, Mich...

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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