America's North Shore Journal

Reports from places that do not vote Democrat seem to suggest that local banks are in much better shape than the media and Congress would have you believe. This is what CNB has to say on their web site: As with any business, banks need access to credit. Commercial community banking is a business of intermediation. That is, we gather the deposits from people we know and make loans to people we know. We recycle the dollars depositors place in our bank into loans to business and individuals to carry out productive purposes: growing a business or buying a home or car right in the communities where we live, work and play. At the end of each day, we balance our Bank’s balance sheet. We total our loans and investments … Read entire article »