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Westchester, Fairfield banks cautious, opportunistic

It was a mixed first quarter for the banking industry – FDIC-insured banks earned a total of $35.3 billion from January to March, up $6.6 billion from the $28.8 billion banks earned in the first quarter of 2011. But loan balances fell by $56.3 billion after three straight quarterly increases. “The condition of the industry continues to gradually improve,” said FDIC acting Chairman Martin Gruenberg. “Insured ...

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