The Branch Puzzle: Why are There Still Bank Branches?

Posted: 27 Aug 2018 Last revised: 21 Feb 2019

See all articles by Elliot Anenberg

Elliot Anenberg

Board of Governors of the Federal Reserve System

Andrew C. Chang

Board of Governors of the Federal Reserve System

Serafin Grundl

Board of Governors of the Federal Reserve System

Kevin B. Moore

Board of Governors of the Federal Reserve System

Richard Windle

affiliation not provided to SSRN

Date Written: 2018-08-20

Abstract

We provide evidence that the persistence of the large number of local bank branches across the country may be due to the fact that both depositors and small businesses continue to value local bank branches.

Suggested Citation

Anenberg, Elliot and Chang, Andrew C. and Grundl, Serafin and Moore, Kevin B. and Windle, Richard, The Branch Puzzle: Why are There Still Bank Branches? (2018-08-20). FED Notes No. 2018-08-20. Available at SSRN: https://ssrn.com/abstract=3238589 or http://dx.doi.org/10.17016/2380-7172.2206

Elliot Anenberg (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Andrew C. Chang

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Serafin Grundl

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Kevin B. Moore

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Richard Windle

affiliation not provided to SSRN

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