Whit Whitham, Pat Satterfield Talk New Banks With the Federal Reserve of Richmond's Econ Focus Magazine
Since 2010, the FDIC has issued just seven new bank charters. In comparison, they issued 175 new charters in 2007 alone. Pat Satterfield and Whit Whitham discussed the decline in new banks since the 2008 recession with Econ Focus magazine, a publication of the Federal Reserve Bank of Richmond. To read the article, click here.