state banks Archives

State-Chartered Banks Are Still Lending Despite The Credit Crunch

Money Flow
by in AZ Business Magazine | Economy | Finance

The credit crunch is gripping much of the nation, but Arizona banks are still lending money and most are well-capitalized to weather tough economic times. The state’s core capitalization rate of 10.31 percent is well above the national average of 7.89 percent. That means Arizona banks have a good cushion to ride out the mortgage-induced… Read More →