A local bank president says the the financial crisis affecting national financial institutions, and driving the recession hasn’t been a problem for him. Dale Torpey with Federation Bank says many times the financial news is isn’t as bad as it sounds. Torpey says local banks didn’t get caught up in the subprime mortgage situation that spelled disaster for some larger institutions. He also says these smaller banks, including his own, have money to lend. He says Federation Bank has more money to lend now, than they have had in previous years.