06/13/2009 05:12 am ET | Updated May 25, 2011

Community Banks Lumped In With Big Players, Forced To Pay High Premiums

We're hearing a lot these days from well-run regional and community banks that feel that they are being punished for the mistakes of the Citigroups and the Countrywides.

As you might expect, these bankers find it galling that they've been lumped together in the public mind with bankers who made lousy loans, lost gobs of money and nearly brought down the global financial system. But what adds injury to insult is that these bankers are now being forced, in the middle of a recession, to pay dramatically higher premiums to replenish the government insurance fund that is used to insure bank deposits and rescue failing institutions.