Butler Bank CEO is still optimistic D...

Butler Bank CEO is still optimistic Despite deteriorating loan ...

There are 1 comment on the Lowell Sun story from Aug 14, 2008, titled Butler Bank CEO is still optimistic Despite deteriorating loan .... In it, Lowell Sun reports that:

As a national housing slump drags on, Butler Bank is working with builders to resolve its troubled loan portfolio.

Join the discussion below, or Read more at Lowell Sun.

Arlene Miele

Nashua, NH

#1 Aug 14, 2008
I feel that folks should not panic over this type of "slump". Construction loans throughout the nation are at near a standstill.

Folks should take a deep breath and realize that their deposits are insured in full.
Folks should have confidence in a full service bank that has been around for over 100 years.

They must be doing something right.

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