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Citibank to CC's: Drop Dead

Several alert readers sent me links to this article from the New York Times. Apparently, Citibank, JP Morgan Chase, and several other major lenders have stopped providing student loans to students at many community colleges and some less-tony four year schools. The key quote: The banks that are pulling out say their decisions are based on an analysis of which colleges have higher default rates, low numbers of borrowers and small loan amounts that make the business less profitable. (The a

Read full post here.


Business Banking Links

Citizen's National Bank in Louisiana

A locally-owned and operated bank operating in Bossier Parish, Louisiana. Click here

Bank of Holland in Michigan

Provides banking and financial services in Holland. Click here

First South Bank in North_Carolina

Community bank with branch offices and ATMs throughout eastern North Carolina. Click here

 

 

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