Community Bank in American Banker

Guns Welcome, Loans Needed at Chappell Hill Bank
IBAT's goal is to provide a diversity of opinions and viewpoints about national banking news. Some news articles do not necessarily reflect the opinion of the Independent Bankers Association of Texas.
By Rachel Witkowski
Ask Texas banker Edward Smith for the key to surviving the worst economic slump in recent memory and he's apt to give a simple response: guns and ammo.
After Chappell Hill Bank was robbed early last year, Smith replaced the large "no firearms" warning at the bank's lone branch with a sign encouraging customers to carry licensed concealed weapons inside. The bank also pays employees to take a concealed firearms course... read more.
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