{"id":5442,"date":"2009-10-30T13:34:10","date_gmt":"2009-10-30T17:34:10","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=5442"},"modified":"2009-10-30T13:34:10","modified_gmt":"2009-10-30T17:34:10","slug":"newcomers-to-give-florida-banks-a-run-for-the-money","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2009\/10\/newcomers-to-give-florida-banks-a-run-for-the-money\/","title":{"rendered":"Newcomers to give Florida banks a run for the money."},"content":{"rendered":"
New bank names are popping up around South Florida. As the strong replace the weak and the economy stabilizes, the changes should help ease the credit crunch.<\/p>\n A series of bank takeovers, spurred by the recent financial upheaval, has brought several new banking giants to the state — already one of the most competitive landscapes in the nation for banking.<\/p>\n …<\/p>\n \u201cThe beauty is we have stronger banks in Florida than before when the banks — like WaMu and Colonial — were hobbled by bad real estate [loans],\u201c said William Hardin<\/strong>, a professor of finance and real estate at Florida International University.<\/p>\n The newcomers all insist that despite Florida’s dicey economy, they are lending and are willing to lend in the state — provided they find credit-worthy customers.<\/p>\n<\/a>