Florida Banks

This article caught my attention about how Florida is a great place to have a bank.  “Florida has a special spot in bank investors’ hearts for one simple reason. It is a burgeoning source of what bankers prize most: low-cost, stable deposits. In banking, loans may get the headlines (especially when, like now, they’re going sour), but it’s those federally insured deposits that are the secret sauce that can make the business so boring and reliably profitable when run properly.”