Wis. Bankers Association: Statement on release of first quarter 2014 FDIC numbers

FOR IMMEDIATE RELEASE May 28, 2014

For more information, contact:

Eric Skrum, Wisconsin Bankers Association

608/441-1216 | (c) 608/445-6430 |
eskrum@wisbank.com

Twitter: @wisbank



Statement on the release of first quarter 2014 FDIC numbers from Rose Oswald Poels, president/CEO of the Wisconsin Bankers Association


“Wisconsin’s banks continue to be in a position to serve their communities. In fact, 96 percent of Wisconsin’s banks were profitable this quarter. The FDIC numbers also indicate that capital levels remain strong and loan loss allowances have edged downward. The industry continues to lead the economy’s steady climb out of the recent recession.



While the recovery of both of the banking industry and the state itself has been slow, it continues to be a steady progression in the right direction for consumers and our economy.”