Just like the big institutions, community banks want to offer more products. But according to a new study by the accounting and consulting firm Grant Thornton, expanding insurance powers is a high priority for community banks, and Glass-Steagall repeal is not.

In fact, 52% of the community bankers surveyed listed new insurance powers as one of their legislative priorities. On the other hand, only 4% considered securities underwriting to be crucial to their competitiveness during the next five years.

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