Home / Special Report / Banks use strategies to minimize effects of interest rate changes (access required)

Banks use strategies to minimize effects of interest rate changes (access required)

As the Federal Reserve Board increasingly indicates it may cut interest rates later this year, the local banking and finance industry is ready for it by pursuing multifaceted strategies for growth. Martin K. Birmingham, president and chief executive officer of Five Star Bank, says that his institution tries to be in a “net neutral position” regarding ...

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