At least 12 community banks nationwide hold high levels of public deposits, according to an American Banker study.

Topping the list is Community Bank of Espanola, N.M., with 42% of deposits from public entities. Twenty percent is generally considered to be the threshold of safety for such deposits.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.