Competition Among Banks Heating Up

Press release from the issuing company

Wednesday, September 8th, 2010

As Georgia banks fight their way through a challenging economy, many are also doing battle with newcomers to the state.

Buyers of the state's failed banks and other new entrants in metro Atlanta are beginning to push for business as the industry landscape remains in flux.

For consumers, it may mean a competing bank offers to pay you cash to switch banks. For businesses with strong balance sheets, it’s often better terms on credit lines and banking services.

Read more: Atlanta Journal Constitution