A publication of the Kentucky Center for Public Service Journalism

Lending and local businesses decline as banks leave towns they think are too small for branches

“The financial fabric of rural America is fraying,” Ruth Simon and Coulter Jones report for The Wall Street Journal. “Even as lending revives around cities, it is drying up in small communities. In-person banking, crucial to many small businesses, is disappearing as banks consolidate and close rural branches. Bigger banks have been swallowing community banksand gravitating toward...