Minnesota’s Troubled Community Banking Industry

September 23, 2009 3:30pm by Barry Ritholtz

I’d like to direct your attention to an in-depth, three-part series on the troubled community banking industry by the Star Tribune newspaper in Minnesota.

Here’s a link to the project:

The paper has gotten very positive reaction to (brace yourself) their investigative journalism. The state Legislature is holding hearings on banking regulation in Minnesota as a result: State Senate plans hearings on banking regulation.

Here are links to the main stories:

Part 1: Minnesota’s small banks on the brink
http://www.startribune.com/business/51701012.html

Part 2: Credit unions: where the credit flowed too freely
http://www.startribune.com/business/51633817.html

Part 3: As loans grew, regulators shrank
http://www.startribune.com/51826122.html

Click for bigger chart

Sources:
State Senate plans hearings on banking regulation
State lawmakers will explore limiting real estate lending or beefing up the Commerce Department regulation staff
CHRIS SERRES,
Star Tribune, July 29, 2009 – 8:49 PM
http://www.startribune.com/politics/state/51999472.html

How’s your bank doing?
http://ww2.startribune.com/projects/maps/mnbanks/banks_keydata.html?elr=KArks:DCiU1OiP:DiiUiacyKUUr

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