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Report to the Congress on the Profitability of Credit Card Operations of Depository Institutions, June 2015

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  • Board of Governors of the Federal Reserve System (U.S.)

Abstract

Section 8 of the Fair Credit and Charge Card Disclosure Act of 1988 directs the Federal Reserve Board to transmit annually to the Congress a report about the profitability of credit card operations of depository institutions. This is the twenty-fifth report. The analysis here is based to a great extent on information from the Consolidated Reports of Condition and Income (Call Report) and the Quarterly Report of Credit Card Interest Rates.

Suggested Citation

  • Board of Governors of the Federal Reserve System (U.S.), 2015. "Report to the Congress on the Profitability of Credit Card Operations of Depository Institutions, June 2015," Reports and Studies 2585, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:g00002:2585
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    File URL: https://www.federalreserve.gov/publications/other-reports/credit-card-profitability-2015.htm
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    Cited by:

    1. Campbell, Daniel & Grant, Andrew & Thorp, Susan, 2022. "Reducing credit card delinquency using repayment reminders," Journal of Banking & Finance, Elsevier, vol. 142(C).

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