Market Research Report
Mutuals and Community Banks - The Strategic Lessons
|Published by||Timetric||Product code||246197|
|Published||Content info||111 Pages
This publication has been discontinued on February 2, 2017.
There is increasing scrutiny by listed institutions of any perceived or real unwarranted advantages enjoyed by the organisations discussed in this report. And their concerns about the lack of a level playing field continue. In the US, it is hard not to sympathise with a banking system that is both subject to the rigours of meeting stock-market expectations, while competing with the credit union movement. Many of the credit unions have the size, strength and product range of the banks with which they are competing - but also continue to enjoy tax-exempt status. Moreover, as the case study reviewing the position of the Delta Community Credit Union reveals, this type of institution is able to widen the qualifying criteria for membership should the need arise. Overall, this debate in the US seems unlikely to subside without some movement. The European Union did rule in favour of the withdrawal of valuable German state guarantees, which were an advantage enjoyed by the savings bank movement and other organisations. The movement has come to terms with the increased cost of funding that this created. Developments in the German banking sector in 2010-11 have had the effect of placing much of the system under renewed and severe scrutiny. The activities of the Landesbanken have been an issue for many years, and their underperformance has placed a strain on the whole of the community, mutual and state banking sector.