James Fuchs is a vice president at the Federal Reserve Bank of St. Louis. He joined the St. Louis Fed in 2009.
Bank branch closures have sparked concerns about how far customers have to go, but most travel increases are modest.
When local bank branches close, customers may have to travel longer distances for financial services, which is more often the case in rural areas.
U.S. distillers face retaliatory tariffs abroad, but tourism related to whiskey remains a bright spot.
Find out why community banks will benefit from the new FDIC assessment base as called for under the Dodd-Frank Act.
Scores of banks have failed this year, and they all have at least one of four primary reasons in common. They have an imbalance of risk versus return, they fail to diversify, they offer products and services that management doesn't fully understand, and they poorly manage risks. How can banks avoid these pitfalls?
Track financial reform with new St. Louis Fed web site