Article: Community banks and the Federal Reserve.

Thank you for inviting me to participate in this conference on "Whither the Community Bank?" I applaud the Federal Reserve Bank of Chicago for sponsoring a conference on this important topic. Coming from a Federal Reserve District that is well-served by scores of community banks, I appreciate the opportunity to give my perspective on the role these banks play in key sectors of the economy and in the Federal Reserve's mission. While I was unable to be here for the discussion yesterday, I was pleased to see from the program that you are tackling some critical issues with respect to community banking, and I look forward to an informative discussion today.

My plan ...

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