Do Bank Mergers Affect Federal Reserve Check Volume?

Topics:
Commercial Banking
Tags:
Bank,
Federal Reserve Bank Of Boston,
Federal Reserve Board,
Financial Services
Source:
Federal Reserve Bank of Boston

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Overview: The recent decline in the Federal Reserve's check volumes has received a lot of attention. Although switching to electronic payments methods and electronic check processing has been credited for much of that decline, some of it could be caused by changes following bank mergers involving Federal Reserve customer banks. This paper evaluates the effect of bank mergers on Federal Reserve check processing volumes.

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Format: PDF | Size: 686KB | Date: Oct 2004 | Pages: 20

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