In his August 1, 2010 Sunacom.com column, NH state Senator Bob Odell writes,
"...in 1989, there were 115 banks in New Hampshire. Today that number is 32 and could soon be lower..." "...the new legislation, is adding a regulatory burden to community banks which no one suggests caused the financial uncertainty that led to the recession." " They may not be big enough to handle the costs of the 243 new rules and regulations in the Dodd-Frank legislation."
With attribution to Sunacom.com, all media may use all or part of Senator Odell's Aug. 1, 2010 column at http://sunacom.com/columnists/odell/odell_08-01-10.html
Sunacom.com is the only non-commercial, community service, online source for local town reporting, news, information and discussion for the Lake Sunapee region of New Hampshire... since July, 2008.