As the BP oil spill in the Gulf of Mexico spreads its way to the shorelines of the Panhandle, the impact on the banks in the region is coming under increasing scrutiny. As the oil industry, local tourism, and fishing businesses suffer losses, repayments on consumer and business loans and mortgages are expected to be delayed, putting pressure on the local banks that serve the states along the shore of the Gulf of Mexico.
Larger banks are offering customers a break on their repayments.
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