Filene’s innovation programs help credit unions execute on innovation, ideas and cultural change. We will bring the Filene Method, our...
Jan 01 1999
The Effect of Credit Unions on Market Rates for Unsecured Consumer Loans
This study examines the pricing of personal, non-credit card loan rates in up to 90 small U.S. markets. Credit unions in each of these markets are small competitors, with total credit union share of market ranging from 0% to 31% of deposits, with an average share of 9%. Our research focused on the pricing impacts of 1) market shares of dominant banks/thrifts and 2) the market share and potential for expansion of credit unions.