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Credit Unions’ Expanding Footprint, Is there any evidence new rules could cause small banks to lose market share to credit unions?

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  • James DiSalvo
  • Ryan Johnston

Abstract

One of the main banking stories of the past 25 years has been the dramatic growth of large banks. Less well known is that credit unions have been expanding their market share during this time, too, especially after membership criteria were relaxed in 1998. While credit unions have been increasing their market share, small banks? market share has declined. And now, legal changes that took effect in January 2017 expanded credit unions? capacity to make loans to commercial customers, raising further concern among small banks that they might lose ground to credit unions

Suggested Citation

  • James DiSalvo & Ryan Johnston, 2017. "Credit Unions’ Expanding Footprint, Is there any evidence new rules could cause small banks to lose market share to credit unions?," Banking Trends, Federal Reserve Bank of Philadelphia, issue Q1, pages 17-23.
    • Handle: RePEc:fip:fedpbt:00003
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2017/q1/bt-credit_unions.pdf
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    References listed on IDEAS

    as
    1. James DiSalvo & Ryan Johnston, 2016. "How Dodd–Frank affects small bank costs," Banking Trends, Federal Reserve Bank of Philadelphia, issue Q1, pages 1-6.
    2. James DiSalvo & Ryan Johnston, 2016. "Banking Trends: The Growing Role of CRE Lending," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 1(3), pages 15-21, July.
    3. James DiSalvo & Ryan Johnston, 2016. "Banking trends: how Dodd–Frank affects small bank costs," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 1(1), pages 14-18, January.
    4. James DiSalvo & Ryan Johnston, 2015. "How Our Region Differs," Banking Trends, Federal Reserve Bank of Philadelphia, issue Q3, pages 16-22.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    market share; credit unions;

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