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Washington banks on community banks

FED GOVERNOR: ‘LOW INTEREST RATES WILL CONTINUE TO BE A KEY FACTOR SUPPORTING GROWTH IN HOUSING ACTIVITY’

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While Westchester and Fairfield are not far from Wall Street and the international banking behemoths that help the world’s economy grow, the counties are home to community bank offices, a category that recently has been a focus for some federal regulators. Michelle W. Bowman, a member of the Board of Governors of the Federal Reserve…

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