Credit union industry structure

an examination of potential risks

Authors

  • Robert J. Boldin Department of Finance and Legal Studies, Indiana University of Pennsylvania, 322A Eberly College of Business, Indiana, PA 15705, USA
  • Keith Leggett Adjunct faculty member at Johns Hopkins University, Washington DC Campus, Washington, DC USA, George Mason University, Fairfax, VA, USA
  • Robert Strand Adjunct faculty member at Johns Hopkins University, Washington DC Campus, Washington, DC, USA

DOI:

https://doi.org/10.1016/S1057-0810(99)00010-4

Abstract

The Credit Union Industry has undergone significant changes over the past decade. With more than 11,500 credit unions now serving 74 million members, it continues to attract shareholders/ depositors because of its generally lower cost services and higher returns on savings. The Credit Union Membership Access Act of August 1998 should help membership continue to grow. At the same time, however, shareholders/depositors should be aware of the unique structure of the credit union industry. This paper examines the inherent risk as a result of the interrelationships among its components. © 1998 Elsevier Science Inc. All rights reserved.

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Published

1998-09-30

How to Cite

Boldin, R. J., Leggett, K., & Strand, R. (1998). Credit union industry structure: an examination of potential risks. Financial Services Review, 7(3), 207–215. https://doi.org/10.1016/S1057-0810(99)00010-4

Issue

Vol. 7 No. 3 (1998): Financial Services Review

Section

New Original Submission

License

Copyright (c) 1998 JAI Press Inc.

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