If anything has been proved in the past several years, it is that the Cassandras who felt that community banking was finished have been proved dead wrong.

Remember the famous study of a major management consulting firm, done a decade ago, which said that by 1995 we would have only 1,000 banks left in the nation. This prediction is on a par with the forecast of the 1960s that by the beginning of 1970 we would have a "checkless society."

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