The Branch Puzzle: Why are There Still Bank Branches?
Posted: 27 Aug 2018 Last revised: 21 Feb 2019
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: 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
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