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Hundreds of community bankers gathered in Honolulu last week, trying to reconcile their sense that the economy is back on track with their concerns about costly regulations and unfair competition. The following is an overview of the conflicting messages they shared and heard.
Fear and Loathing of Big Banks
Community bankers, including Alan Thian at Royal Business Bank in Los Angeles, are peeved at larger institutions, which they accuse of stealing clients by offering low prices and easy terms.