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The Competitive Environment Of Community Banking And The Potential Impact On Microenterprise Entrepreneurs' Access To Bank Financing, Robert D. Morrison
The Competitive Environment Of Community Banking And The Potential Impact On Microenterprise Entrepreneurs' Access To Bank Financing, Robert D. Morrison
Theses and Dissertations
Over the past 35 years, Great Depression era regulatory restrictions on the geographic area of operation and the scope of financial services banks can offer have change significantly. These changes fueled a surge of merger activity and resulted in a 70% decrease in the number of bank charters by 2015. Currently, community banks hold only 14% of bank assets in the US; nonetheless, they play an important role in the US economy because they continue to provide the majority of funding to small businesses. This study finds that over 83% of bank failures occurred in metropolitan areas despite the distribution …