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Sam Wilmes

Midwest energy sector strong but constrained by volatility

Cornerstone Advisors Senior Director John Meyer called wind energy a robust potential growth source for community banks with locations in regions with consistently strong gusts and significant temperature fluctuations. Meyer doesn’t expect bank regulators to scrutinize oil and gas lending immediately. Instead, he expects them to prioritize strengthening bank liquidity standards following the high-profile failures of Silicon Valley Bank, Signature Bank, and First Republic Bank.

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