Weather Forecast

Noah Wilcox, a fourth-generation Grand Rapids banker, tells a Minnesota Senate committee Tuesday that most loans by small banks are good when they are made, even if they go bad later. Watching is Marshal Mackay of the Independent Community Bankers of Minnesota. Pioneer Photo/Don Davis

71 Minnesota banks being closely watched

Email News Alerts

ST. PAUL -- Regulators are working with 71 of 426 Minnesota-based banks to make sure they do not fail, but bank and credit union officials say they are not risking customers' money.


"It's just a matter of prudent lending and risk management," Noah Wilcox Tuesday told the state Senate Commerce and Consumer Protection Committee.

Get the full story
Subscribe or Log In

Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.

You will need your subscription account number and phone number. Not sure if you have an account? Email us or call (218) 333-9200 and we can help you.