Jan 01 2001

The Effects of Credit Unions on Bank Rates in Local Consumer Lending Markets

This is the second study by noted economist Robert Feinberg on the effects of credit unions on the rates banks charge for loans. The first study examined a relatively small group of markets for a single time period. This second study analyzes bank rates on unsecured loans and new vehicle loans in an expanded number of markets over a six-year period.

Data used in this study was obtained from the Federal Reserve System via the Freedom of Information Act, and from the National Credit Union Administration. This research confirms and expands the important findings of the first study.