American Morning

Community bank boom

CNN's Jason Carroll reports on how some community banks are booming where big banks are failing.

Bigger is definitely not better right now in the banking business. We're seeing commercial banks buried under a mountain of debt and needing the government to save them from themselves.

But for some smaller, community-based banks... business is booming.

They may not have the name recognition but some start-up banks say they can provide service that's just as good as the larger chains and they say their customer's money is just as safe.

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