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Page 27 · column 1 of 6 · from the scan, no model involved

The clipping this text was read from
The clipping this text was read from

1960s-1980s

From Page 10

you make. It’s what you save.”

Mr. Fletcher said they ended up not loaning him any money. “Nowadays, you’d lend people money like that because he has the ability to repay.”

1980s-2002

During these decades, the bank grew in ways that brought it more up to date with other banks but also tried to keep that “family” feeling. The 1980s was known as a period of deregulation of the banking industry by the U.S. government.

What that meant was banks were placed in the position of competing with one another without the protection of interest rate regulation. Banks had more freedom to set pricing and rates and payment

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