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- Title
Greenforest rBank: Case Study.
- Authors
Grunewald, Donald
- Abstract
The current business environment is a difficult time for small one unit banks. Government regulators are encouraging small banks to merge into large chains of banks. The government is also subsidizing and providing regulatory support to large too-big-to-fail banks. The new President of the Greenforest Bank must prepare a plan for the future. Can a small independent bank with only one office survive in a high income borough in metropolitan New Jersey in the current environment? If so, a plan to increase profitability despite the current recession must be adopted by the bank. The President must make recommendations to her board after considering other options- merge the bank into a bank chain, seek additional capital through selling new shares of common or convertible preferred stock or develop, creative new ways of working with other small banks to use shared services to reduce costs.
- Subjects
BANK compliance; INDEPENDENT banks; BANK management; BANK mergers; PROFITABILITY; COST control
- Publication
Journal of Leadership, Accountability & Ethics, 2013, Vol 10, Issue 1, p33
- ISSN
1913-8059
- Publication type
Case Study