kmov.com Web  




St. Louis Area News

Comments | Recommended

Analysis: Missouri banks weathering financial crisis better than industry

06:20 AM CDT on Friday, June 19, 2009

By Tim Lloyd Missourian

COLUMBIA — Cindy Wells likes to approve loans the old-fashioned way.

“Before we lend money to a farm, for example, we go out in our mud boots and count the cows and pigs,” said Wells, the assistant vice president for Glasgow Savings Bank in Glasgow, a Missouri River town northwest of Columbia.

It’s a practice that hasn’t changed much since the bank accepted its first deposit in 1852.

“We get to know our clients personally before we make a loan,” said Margie Aholt, vice president of the bank.

Read full story at the Columbia Missourian.

Advertisement

Interactive

Sound off: Discuss this story

Stay in touch: Free Breaking News e-mails

Watch this: KMOV.com video archive

Slideshows: Photo galleries

Contact KMOV: By e-mail or phone

News tip? Call (314) 444-6333 or e-mail tips@kmov.com

Most E-mailed News

Popular Stories