Identify bank that put business out

I was struck by the story (“Underhill’s Fine Wood Furniture to close all stores March 31”) in the Jan. 21 issue that a 62 year old operation will be closed down because a bank is creating stricter lending rules. You do readers a disservice by not identifying which bank can ignore a 62-year operating history and put a business and employees on the street. This is exactly the type of banking action that will prolong the recession and hurt all of us. I, for one, would like to make sure none of my business adds to the profits of this particular bank.

January 26, 2009 11:18 pm
Josh Underhill is a third-generation business owner of Underhill's Fine Wood Furniture
Josh Underhill is a third-generation business owner of Underhill's Fine Wood Furniture

LETTERS

Identify bank that put business out

I was struck by the story (“Underhill’s Fine Wood Furniture to close all stores March 31”) in the Jan. 21 issue that a 62 year old operation will be closed down because a bank is creating stricter lending rules. You do readers a disservice by not identifying which bank can ignore a 62-year operating history and put a business and employees on the street. This is exactly the type of banking action that will prolong the recession and hurt all of us. I, for one, would like to make sure none of my business adds to the profits of this particular bank.

Paul Benefield, Kirkland