Community Bankers Association of Illinois

CBAI President Discusses the Causes of the Financial Meltdown

On February 24 CBAI President Bob Wingert addressed an audience of local citizens and business people attending a Rural Economic Summit in Elmwood, Illinois. Organized by Fred Paige, President of Farmers State Bank of Elmwood, and supported by other community banks in the area, the Summit dealt with the economic and financial crisis and its effects on rural America. Other speakers included Mike Doherty, senior economist at the Illinois Farm Bureau; Gene Vaughan of AFM Farm Care; and Dean Warner of Farmers State Bank. Wingert discussed the causes of the financial meltdown and cited the key distinctions between community banks and the large regional and money center banks.
  800.736.2224 (IL) | 217.529.2265  
  DISCLAIMER: The association is not responsible for and has no control over the subject matter, content, information, or graphics when viewing links attached to this association's site.