Author: Gary WhalenPublisher:
ISBN:
Category : Branch banks
Languages : en
Pages : 56
Book Description
Interstate Banking, Branching, Organization Size, and Market Rivalry
Author: Gary WhalenPublisher:
ISBN:
Category : Branch banks
Languages : en
Pages : 56
Book Description
Interstate Banking, Branching, Organization Size, and Market Rivalry
Author: Gary WhalenPublisher:
ISBN:
Category : Branch banks
Languages : en
Pages : 44
Book Description
"The 1994 Reigle-Neal Act gave multistate bank holding companies the option to convert to an interstate branch bank structure by authorizing the merger of bank subsidiaries across state lines. Over the following five year period, an increasing number of banking companies, including a number of very large ones, have done so. As a result, large companies operating through interstate branches have come to account for a significant share of deposits in many local markets and relatively little research has focused specifically on the competitive effects of this trend. This is a potentially important issue because the performance and competitive effects of large, multistate branch banks could differ from those associated with the operation of separately incorporated bank subsidiaries by multibank holding companies. In this study, measures of competitive rivalry are constructed using Summary of Deposit data for all urban (MSA) markets in the U.S. for each year over the 1995-1999 period. Tobit models are estimated using the data pooled over the entire period to determine whether and how alternative measures of the extent to which multistate banking companies operate in the market influence the rivalry variables. The aim of the analysis is to determine if the results are sensitive to the size of multistate companies, the location of the market (home state vs. out-of-state), or the organizational form used by nonlocal competitors (interstate branches vs. bank subsidiaries). The results show a positive relationship between large multistate multibank holding company (MSMBHC) deposit share and rivalry when a simple linear specification is used. Adding a concentration-MSMBHC share interaction term to the equation reveals that the positive effect of MSMBHC share on rivalry rises with market concentration. This result is largely attributable to the behavior of MSMBHCs operating outside their home state. When the separate effects of interstate branches and out-of-state bank subs are examined, only the former is found to be significantly related to rivalry. And in these equations, the pattern of the estimated coefficients on the aggregate interstate branch deposit share variables is the same as that seen in the other equations (a positive coefficient in the absence of the interaction term, and a positive coefficient on the interaction term when it is included). These results do not change, and in fact, are typically stronger when the deposit shares are calculated using only large multistate holding companies. They also do not change greatly when markets where the identity of the top-tier firms changed are excluded or when random-effects Tobit specifications are used"--Office of the Comptroller of the Currency web site.
Interstate Banking
Author: DIANE Publishing CompanyPublisher: DIANE Publishing
ISBN: 9780788125683
Category : Business & Economics
Languages : en
Pages : 216
Book Description
Focuses on the following three areas: (1) the impact of interstate banking on the structure of the banking industry; (2) the implications of removing interstate banking and branching laws on the safety and soundness of the banking industry; and (3) the risks associated with removing interstate banking and branching laws and ways to minimize such risks. Charts and tables.
Interstate Banking and Branching
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation, and Deposit InsurancePublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 484
Book Description
Costs and Benefits of Interstate Banking and Branching
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation, and Deposit InsurancePublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 336
Book Description
Interstate Banking
Author: DIANE Publishing CompanyPublisher: DIANE Publishing
ISBN: 9780788117527
Category : Business & Economics
Languages : en
Pages : 122
Book Description
Reviews the potential impact of lifting restrictions on interstate banking. Discusses experiences of three western states: California, Washington, and Arizona -- which have operated an environment permitting interstate banking and in-state branching. Charts and tables.
Interstate Banking and Branching
Author: Interstate Bank Expansion, Market Forces and Competitive Realities
Author: Florida Interstate Banking Study GroupPublisher:
ISBN:
Category : Bank marketing
Languages : en
Pages : 492
Book Description
Interstate Banking and Branching
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation, and Deposit InsurancePublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 76
Book Description
The Effect of Interstate Branching on National, State, and Local Economies
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic StabilizationPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 172
Book Description