Community Bank Stocks with Dividend Yields Higher than 5%
filed in Daily Buzz News on Jan.31, 2010
David Hunkar submits:
Unlike many other countries, there are thousands of small community banks in the U.S. These banks have a smaller foot print when compared to the regional or national banks such as Bank of America (BAC), Fifth Third Bank (FITB), U.S. Bank (USB), etc. However they are usually know their customers better and maintain close relationships with the local small businesses and consumers.
Some community banks operate in just a few counties and have very few branches. For example, United Bancorp Inc Ohio (UBCP) is a state chartered bank and has branches in just a seven country area in Ohio.