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Reduce liability for losses on commercial accounts by adhering to four requirements.
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VIDEO: Outlook for Chicago's community banks
In January, Crain's Chicago Business interviewed two community banking veterans about the future of community banking. The two have sharply different views on prospects for their industry. Tim Goodsell, former CEO of Hyde Park Bank, sold the bank partly because he believes the Chicago market is "vastly overbanked." While Bridgeview Bank Chairman Peter Haleas believes there is still room for community banks.
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