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Changing State of Community Banks

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on Sunday, 13 November 2011
in In The News

November 9, 2011
River News-Herald
By Galen Kusic
Editor

The RNH sat down with Bank of Rio Vista CEO Virginia Varela Friday to discuss the changing state of community banks, the Occupy movement, and new federal regulations that are impacting the banking business.

Bank of Rio Vista CEO Virginia Varela has been in the banking industry for over 27 years.

Varela has been in the banking industry for over 27 years, beginning her career in the savings and loan crisis, and through transitional periods of banking through different economic climates.

"I never thought I would see these unprecedented times in banking," said Varela. "My observation is that there is more of a definition between the large multi-billion dollar banks and the smaller community banks. I've never seen it as well defined, and there have never been as large global financial institutions as there are today."

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