Interstate banking expanded rapidly over the last decade as all but a few states adopted laws allowing entry by outside organizations. The resulting changes are now raising many questions regarding the performance of interstate acquisitions and their effects on the banking system and its...

We derive five hypotheses regarding market competition, price, and advertising from a theoretical model of a profit maximizing depository institution, and test these conjectures in a simultaneous system of deposit interest rates and advertising expenditures for a data panel of 1,867 thrift...