While there is a relief that the banking turmoil in March did not escalate into a full-blown credit crunch and the U.S. managed to avoid a debt ceiling crisis, there is growing concern about an upcoming economic downturn.
Despite the challenges, I think quality bank stock Hanover Bancorp, Inc. (HNVR) could be worth investing in. However, Glacier Bancorp, Inc. (GBCI) and Silvergate Capital Corporation (SICP) might be best cashed out.
