Participants in Rural Bank Consolidations

Neff, David L.; Ellinger, Paul N.

doi:10.2307/1243293

Cited by 11 publications

(8 citation statements)

References 2 publications

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“…Some people have expressed concern that a greater presence of large banks in rural areas might have adverse effects on rural communities, by reducing the supply of credit to rural residents (Neff and Ellinger, 1996;and Featherstone, 1996). For this reason, it is important to understand the extent to which large banks have increased their presence in rural areas.…”

mentioning

confidence: 99%

Nationwide Branch Banking and the Presence of Large Banks in Rural Areas

Gilbert¹

2000

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mentioning

confidence: 99%

Nationwide Branch Banking and the Presence of Large Banks in Rural Areas

Gilbert¹

2000

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“…The restructuring of the financial services industry over the last 30 years has created concern among many proponents of rural economic development that these changes could lead to a decrease in access to the capital necessary to sustain and start new small businesses. Much of the past research has been concerned about the impact of these changes on relationship lending, a vital component of lending for small businesses (Cetorelli and Strahan ; Neff and Ellinger ). Our analysis shows that the rate of locally owned TFS has declined faster in the most rural counties since 1976.…”

Section: Resultsmentioning

confidence: 99%

“…However, the restructuring of the financial services industries has led to concerns about the future of relationship lending and the implications for small firms in urban and rural areas (Cetorelli and Strahan ; Neff and Ellinger ). Relationship lending requires that the lending firm place greater decision authority in the hands of local loan officers.…”

Section: Relational Versus Transactions Lendingmentioning

confidence: 99%

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Restructuring of the Financial Industry: The Disappearance of Locally Owned Traditional Financial Services in Rural America

et al. 2014

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Restructuring in the financial services industry has altered the relationship between small business owners and capital. In the past small businesses have relied on relational, or soft data, lending from locally owned banks for capital. The proliferation of absentee-owned local branch networks brought standardized practices, thus eliminating the autonomy of local loan officers to utilize soft data in loan decisions. In this article we examine the changes in the percentage of traditional financial services that are locally owned in three county types: metropolitan, micropolitan, and noncore. We utilize the Longitudinal Business Database at the U.S. Census Bureau Center for Economic Studies. We examine changes in local ownership of traditional financial services between 1976 and 2007. We find that the rate of decline of local ownership has been greatest in the noncore (most rural) counties. We also explore to what extent these patterns are related to the emergence of alternative financial services during the same period. We find that such alternative services are growing in all three county types, but at rates not significantly different than the population growth for these county types. We supplement our analysis with data from qualitative interviews with small business owners throughout rural Texas. We conclude with a discussion of implications and plans for future research.

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“…It turns out that mergers have not affected access to rural financial services in the United States, at least not much and not yet (Berger and Udell, 1998;Featherstone, 1996;Neff and Ellinger, 1996). In fact, mergers may have created economies of scale and helped to spread risks.…”

Section: The Dangers Of Privatisationmentioning

confidence: 99%

From Urban to Rural: Lessons for Microfinance from Argentina

Schreiner

Colombet²

2001

Development Policy Review

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The recent success of microfinance for the urban self-employed contrasts with decades of failure on the part of public development banks for small farmers. This article describes the ways in which rural microfinance organisations have tried to adapt the lessons of urban microfinance to manage the risks and control the costs of the supply of financial services in rural areas. It then asks whether the lessons of urban microfinance are likely to apply in the poorest rural areas of Argentina. The article concludes that microfinance is unlikely to improve access to small loans and small deposits for many of the rural poor in Argentina; distances are too great, farmers too specialised, and wages too high. Improved access depends not on targeting loans by government decree but on strengthening institutions that support financial markets.

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Participants in Rural Bank Consolidations

Cited by 11 publications

References 2 publications

Nationwide Branch Banking and the Presence of Large Banks in Rural Areas

Nationwide Branch Banking and the Presence of Large Banks in Rural Areas

Restructuring of the Financial Industry: The Disappearance of Locally Owned Traditional Financial Services in Rural America

From Urban to Rural: Lessons for Microfinance from Argentina

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