Credit Unions and the Common Bond

Topics:
Credit Management,
Reporting and Control
Tags:
Bond,
Center For Financial Studies,
Finance,
Investment,
Union
Source:
Center for Financial Studies

FREE Registration is required

Overview: Credit Unions are cooperative financial institutions specializing in the basic financial needs of certain groups of consumers. A distinguishing feature of credit unions is the legal requirement that members share a common bond. This organizing principle recently became the focus of national attention as the Supreme Court and the U.S. Congress took opposite sides in a controversy regarding the number of common bonds that could co-exist within the membership of a single credit union. The article frames the issues with a simple theoretical model of credit-union formation and consolidation. The results suggest that credit unions with multiple common bonds have higher participation rates than credit unions that are otherwise similar but whose membership shares a single common bond.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML & PDF | Size: 1,146KB | Date: Nov 1998 | Pages: 66

People who downloaded this item also downloaded

White Paper Analyzing The Debate Over Offshore Outsourcing In The Service Industry: Is There A Reason For Concern?
White Paper Uncovering Insider Trading
White Paper The Differences Between Mutual Funds and Hedge Funds
White Paper Preparing Managers To Conduct Business Ethics Training
White Paper Credit Unions

Top results from Credit Management

White Paper Looking for a fast payback? 10 Minutes with Free Tool Can Save Thousands
Webcast Webcast: Smart Techniques for application security: whitebox + blackbox testing.
White Paper PCI DSS Compliance in the UNIX/Linux Datacenter Environment
White Paper Systems Management Buyers Guide For Medium Enterprises
White Paper Get the facts about credit card security and PCI compliance

» View all Credit Management listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).