Opinion | Local banks a different breed than the too-big-to-fail

My longtime friend Robert Gorsuch, the founder and chairman of Fitchburg`s Oak Bank, isn`t shy setting me straight whenever I write about the nation`s banking system, in which greed and reckless behavior seem to be a constant threat to the stability of the national economy.

We`ve been witnessing the worst of that again in recent weeks with the meltdown of banks like Silicon Valley Bank and Signature Bank, and then just this past week the failure of First Republic. All of them substantial regional banks whose failures once more sent shockwaves through the economy, cost investors tons and had nervous depositors scrambling to withdraw their money...
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RSK: Just to set you at ease a bit. I have to admit, I am a shareholder from day one of Oak Bank and the service is like no other and they do take care of the community.