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Bank competition and concentration: do credit unions matter?

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  • William R. Emmons
  • Frank A. Schmid

Abstract

One interesting aspect of the financial services industry is that for-profit institutions, such as commercial banks, compete directly with not-for-profit financial intermediaries, such as credit unions. In this article, William R. Emmons and Frank A. Schmid analyze the competition between banks and credit unions. Using annual county-level data on banking-market concentration and household participation rates at occupational credit unions for the period between 1989 and 1996, the authors find empirical evidence of two-way competitive interactions between banks and credit unions.

Suggested Citation

  • William R. Emmons & Frank A. Schmid, 2000. "Bank competition and concentration: do credit unions matter?," Review, Federal Reserve Bank of St. Louis, vol. 82(May), pages 29-42.
    • Handle: RePEc:fip:fedlrv:y:2000:i:may:p:29-42:n:v.82no.3
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    References listed on IDEAS

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