Article

Community Banking Institutions

Dasol Kim and Donal McKillop

in The Oxford Handbook of Banking

Third edition

Published in print October 2019 | ISBN: 9780198824633
Published online November 2019 | e-ISBN: 9780191863394 | DOI: https://dx.doi.org/10.1093/oxfordhb/9780198824633.013.12

Series: Oxford Handbooks

Community Banking Institutions

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Changes in the regulatory environment and technological advances have dramatically changed the competitive landscape for community banking institutions. While only accounting for a fraction of the overall size of the banking industry, community banks are predominant in numbers around the world for a broad range of depository institution types, including commercial banks, savings banks, cooperative banks, and credit unions. The steep decline in the number of community banks in recent times has attracted concern from policymakers, regulators, and academics, and has raised questions on the potential consequences associated with the gradual disappearance of these institutions. What contributed to the growth and resilience of community banks over the past century? Can they remain competitively viable in the current environment? This chapter surveys the literature and provides an institutional overview to understand the continued evolution of these institutions.

Keywords: building societies; commercial banks; community banks; cooperative banks; credit unions; savings and loans associations; savings banks

Article.  17353 words. 

Subjects: Financial Markets

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