search query: @indexterm CREDIT UNIONS / total: 16
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| Author: | Goddard, J. A. McKillop, D. G. Wilson, J. O. S. |
| Title: | The growth of US credit unions |
| Journal: | Journal of Banking and Finance
2002 : DEC, VOL. 26:12, p. 2327-2356 |
| Index terms: | CREDIT UNIONS ESTIMATION USA |
| Language: | eng |
| Abstract: | The growth of US credit unions during the 1990s is investigated empirically, using univariate and multivariate cross sectional and panel estimation techniques. Univariate tests of the law of proportionate effect suggest that in general large credit unions grew faster than their smaller counterparts. On average credit unions with above-average growth in one period tended to experience below-average growth in the next. Smaller credit unions tended to have more variable growth than large ones. While credit unions share a common co- operative philosophy, they differ in terms of age profile, scope for membership growth, charter type and financial structure and performance. |
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