CoChat
Sign Up
Cited by 115Banking stability, regulation, efficiencyMicrofinance and Financial InclusionMonetary Policy and Economic Impact

MULTI-OFFICE BANK LENDING TO SMALL BUSINESSES: SOME NEW EVIDENCE

Open access
Keeton, William R., Keeton, William R.·1995·Unknown
DOI 10.22004/ag.econ.131493
Open this paper in CoChat — free accountOpen PDF

Abstract

In a long-awaited move, Congress enacted legislation last fall authorizing full interstate banking. While most states had already acted to allow some form of entry by outside holding companies, the new law was expected to hasten the spread of large multi-office banking organizations. Most analysts believe the change will benefit the public by increasing competition, improving services to depositors, and reducing banks' vulnerability to local downturns. Concern has been voiced, however, that the benefits of multi-office banking may be achieved at the expense of small businesses. Some analysts worry that large multi-office banks will be less able or less willing to lend to small businesses than the smaller banks they replace.> Keeton investigates the relationship between multi-office banking and small business lending using new information on small business loans in Tenth District states. Data for mid-1994 support the view that further growth in multi-office banking may impose short-run costs on some small businesses. He cautions, though, against concluding that multi-office banking should be curtailed. Instead, regulators should continue to ensure that local banking markets remain competitive, so other banks can step in and fill any gaps in the legitimate credit needs of small businesses.

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Integrity signals

Registry

DataCite · 10.22004/ag.econ.131493

Cites

14 of 14 references verified0 citation errors · 0 not checkable

Statistics

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

  • One study using the STBL found no clear effect of complexity on small business lending, whereas studies using CALL data have split on the measured effect of out-of-state ownership of banks.

    “One study using the STBL found no clear eect of complexity on small business lending (Berger and Udell, 1996), whereas studies using CALL data have split on the measured eect of out-of-state ownership of banks (Keeton, 1995;Whalen, 1995).”

    From The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998) · cites this paper as Keeton, 1995

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Cites

Flagged first, then by citations

Research works printed but not linked: 4

  1. Eisenbeis, Robert A. 1975. "The Allocative Effects of Branch Banking Restrictions on Business Loan Markets," Journal of Bank Research, Spring.
  2. Schweiger, Irving, and John S. McGee. 1961. "Chicago Banking," Journal of Business, July.
  3. Shull, Bernard. 1984. "Changes in Commercial Banking Structure and Small Business Lending," in Horvitz and Pettit, eds., Small Business Finance: Sources of Financing for Small Business, Greenwich, Conn.: JAI Press.
  4. Wilmarth, Arthur E., Jr. 1992. "Too Big to Fail, Too Few to Serve? The Potential Risks of Nationwide Banks," Iowa Law Review, March.

Cited by

Sorted by citations

Related

Authors
Keeton, W. R., & Keeton, W. R.
Venue
Unknown
Publisher
Unknown
Published
1995
Volume
80
Issue
2
Pages
45-57
DOI
10.22004/ag.econ.131493
OpenAlex
W1505825528
Cited by
115
References
14
Citations by year
2025: 1 · 2024: 3 · 2023: 1 · 2022: 2 · 2021: 3 · 2020: 2 · 2019: 3 · 2018: 3 · 2017: 2 · 2016: 4 · 2015: 5 · 2014: 4 · 2012: 1
Type
posted content
Language
en
Open access
Locations
  • RePEc: Research Papers in Economics (submittedVersion)
  • AgEcon Search (University of Minnesota, USA) (submittedVersion)
  • Econometric Reviews (submittedVersion)
  • AgEcon Search (University of Minnesota, USA)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Finance › Banking stability, regulation, efficiency
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Microfinance and Financial Inclusion
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
Keywords
small business lending, interstate banking, multibank holding companies, branch banks, bank lending behavior, bank competition, banking regulation, small business financing, Tenth Federal Reserve District, bank capital requirements

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review