No Wall Street meltdown here

By Bill Glauber of the Journal Sentinel

Evansville – At the Union Bank & Trust Company, the bosses commute to work on foot, a bailout is still a quick loan to a longtime client and the annual customer appreciation picnic is a pig roast in a public park.

“The smaller banks like ourselves are, pardon me, more conservative and have done better,” says Leonard P. Eager Jr., 87, the bank vice president who is semi-retired and still shows up to work most weekday mornings.

Wall Street’s big shots could learn a thing or two from the Eager family, owners and operators of a bank that has weathered farming busts, economic recessions and the Great Depression.

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