The past, present, and probable future for community banks
By: Robert DeYoung, William C. Hunter, Gregory F. Udell.
Contributors: Hunter, W. Curt; Udell, Gregory F., 1946-
Series: Working paper series ;; WP-2003-14; Working paper series (Federal Reserve Bank of Chicago. Research Dept. : Online) ;; WP-2003-14.
Publisher: Federal Reserve Bank of Chicago
Published: 2003
Place of publication: [Chicago, Ill.]
Language: eng
Format: Electronic resource
Subjects: Community banks.
Description: "We review how deregulation, technological advance, and increased competitive rivalry have affected the size and health of the U.S. community banking sector and the quality and availability of banking products and services.  We then develop a simple theoretical framework for analyzing how these changes have affected the competitive viability of community banks.  Empirical evidence presented in this paper is consistent with the model's prediction that regulatory and technological change has exposed community banks to intensified competition on the one hand, but on the other hand has left well-managed community banks with a potentially exploitable strategic position in the industry.  We also offer an analysis of how the number and distribution of community banks may change in the future"--Federal Reserve Bank of Chicago web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 10/1/2004.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.