If geographical expansion is not part of your game plan, you can always improve your products and services in terms of design and delivery. As rural banks, what sets you apart from bigger banks is that you are more relationships driven. You have an intimate knowledge of the local economy and close ties with the community.
True, the damage inflicted by the crisis has been colossal, but the world enjoyed the benefits of the Great Moderation – over 15 years of unprecedented growth, price stability and low unemployment. 20. It is important therefore to take a balanced view. Who better then than a person with the scholarship and stature of Lord Turner to approach that balanced view. 21.