Top Performing Small Banks: Making Money the Old-Fashioned Way
FRB Richmond Economic Review, Vol. 75, No. 6, November/December 1989, pp. 23-35
13 Pages Posted: 3 Nov 2012
Date Written: 1989
Although the profitability of U.S. small banks shrank in the 1980s, two percent of these banks remained highly profitable by emphasizing basic banking, namely acquiring low-cost funds and making low-risk investments.
Suggested Citation: Suggested Citation