Franklin County considered a distressed or underserved non-metropolitan middle-income geography"

Franklin, Liberty and Gulf counties have made the 2011 list of distressed or underserved non-metropolitan middle-income geographies which could steer more banks to loan money here.
The list is issued every year by federal bank and thrift regulatory agencies to show where banks are not providing enough credit.
The federal government provides some benefits to banks that provide credit to areas that are considered underserved like Franklin County or to areas that are hit by major natural disasters.
Franklin, Gulf and Liberty counties make the list every year because we are considered remote, rural and underserved; we are also on the list because of the high level of poverty in the three counties.
To see the full list of 2011 List of Middle-Income Nonmetropolitan Distressed or Underserved Geographies check out the news page at oysterradio.com.


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