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Local Banks Seeing Some Improvement In Economy

Posted: Wednesday, March 9th, 2011 at 6:27 am
Author: KNIA/KRLS News-Shaylon Cochran

Some economic indicators are pointing to larger steps toward recovery from the Recession. Kevin Bolt, a Vice President and Compliance and Loan Officer at the Marion County Bank says that locally, they’re seeing some job creation and the home loans that go with it. Bolt says his organization didn’t lose as much ground as some of the bigger banks, but says they have still had to work closely with customers to keep foreclosures to a minimum. He says an upswing in local hiring is offering some good signs for the coming months.