Tennessee Bankers Association CEO Colin Barrett: Bank failures a ‘one-off’ situation
Tennessee banks are financially strong. That was the message from Tennessee Bankers Association President and CEO Colin Barrett during an interview with the Business Journal this week. The nation’s banking industry has been on high alert since Friday, as the rapid collapses of Silicon Valley Bank and Signature Bank stoked worry among customers that their deposits might be lost. Smaller businesses and startups feared they might not be able to make payroll or pay bills. Others were concerned…
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