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The Company provides a range of retail and commercial banking as well as other financial services through its wholly-owned, federally-chartered savings bank subsidiary, First Niagara Bank.
May pay the price after the next fed meeting on the 18th, but investors have to realize soon that the fed rate and long term interest rates are decoupled. (Bent's blog/graphs) The spread is being used to keep the financial system from collapsing.
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