To the editor:
Regarding your article in the Dec. 11 edition of the Business Journal titled, “For PPP, these banks outpunch their big rivals” (published online here), I thought I would take the time to offer a little more perspective.
You make it clear the list you published is focused on the “state’s largest banks by deposits.” We simply believe limiting the focus to only the largest banks excludes a segment of the market that has widely been credited for making the program a success — and that is community banks. Across the country and in Minnesota, community banks “punched above their weight” and the numbers show that.
