Another big bank not the answer

With the loss of Frontier Bank by being acquired by another California bank (owned by a parent company in Japan) we can now celebrate the addition of another large bank to better dictate policy to the government and their customers.

Whatever happened to banks taking deposits and making sound loans to credit-worthy customers? Do they have to play in the smoke and mirrors arena? How did we ever allow them to get “too big to fail”?

My money is now being transferred from the big bank to the local credit union. At least they are investing back into the community and making solid loans to worthy customers.

Charles E. Krueger

Camano Island