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Veteran investor David Roche says a credit crunch is coming for ‘small-town America’

Veteran investor David Roche says a credit crunch is coming for 'small-town America'

A home in Lynch, Kentucky.

Scott Olson | Getty Images

The banking turmoil of March, which saw the collapse of several regional U.S. lenders, will lead to a credit crunch for “small-town America,” according to veteran strategist David Roche.

The collapse of Silicon Valley Bank and two other small U.S. lenders last month triggered contagion fears that led to record outflows of deposits from smaller banks.

Earnings reports last week indicated that…


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