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Competition for Deposits in the US
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Competition for Deposits in the US

Competition for Deposits in the US

Fintech Nexus Staff·
FintechNews RoundupUSA
·Mar. 21, 2019·1 min read

A recent research note from Bank Policy Institute shares how big and smaller banks are fairing in the fight for deposits; big banks report more growth in urban areas while smaller banks in rural communities continue to attract deposits; there are varying opinions on the reason for the trends on both sides but the reality is that rural markets are shrinking; some believe that big banks are benefiting from demographic changes and some community bank advocates believe they have a disproportionate regulatory burden compared to bigger banks; American Banker shares further data on how this is all playing out. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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big bankscompetitiondepositsrural banking
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