Financial cooperatives play an important role in the financial systems of many countries.
They act as a safe haven for deposits and are major sources of credit for households and …

This study uses hazard function estimations and time‐series and cross‐sectional growth
regressions to examine the impact of exit through merger and acquisition (M&A) or failure …

Credit unions compete directly with commercial banks in markets for consumer financial
services yet receive an exemption from federal corporate income tax. Commercial banks …

Purpose The purpose of this research is to examine the growth rates of commercial banks
and credit unions around the financial crisis and recovery. Credit unions are analyzed as a …

Prior studies of interest rate differentials between credit unions and commercial banks suffer
from selection bias since they rely on data at the level of the financial institution or branch …

Credit unions and commercial banks are important parts of this system—and aggressive
competitors. Both types of institutions are chartered by the federal and state governments …

We exploit an exogenous change in the coverage of insured deposits following the passage
of the Emergency Economic Stabilization Act (2008) to investigate the impact of deposit …

Purpose–The purpose of this paper is to assess product and service arrays of community
banks within competitive markets that are impacted by varying sized financial institutions. A …

Objective: This research aims to analyze the level of disclosure of sustainability information,
which mitigates information asymmetry, of Brazilian and German credit unions. Theoretical …

Capitalism can be described, in simple terms, as a social system of production and
distribution, dominated by markets. There are three important parts to this description. First …