The article examines the determinants of capital-asset ratios for credit unions in the United States, before and after the implementation of current framework for capital adequacy regulation in the year 2000. Credit unions appear to hold capital in excess of what is required by current capital...

Commercial banks are seen as shareholder value maximising banks, whereas savings banks may have a social or regional agenda and cooperative banks focus on providing value for their customer-owners. Hence, it is generally thought that savings and cooperative banks are less profitable than...

Islamic and cooperative banks such as credit unions are broadly similar in that they both share some risk with savers. However, risk sharing goes along with ownership control in cooperatives, whilst Islamic banks share risk with borrowers and downside risk with depositors. Islamic banking is...

This work analyses some aspects of cooperation, mutuality and commitment to the local community in the banking sector with specific reference to mutual banks (banche di credito cooperativo) which were first created in Italy around 1860, principally in response to the negative economic situation...

We empirically analyze the competition between a relationship lender and a transaction lender in the credit business with micro and small entrepreneurs. Drawing on a data set about the customers of the relationship lender ProCredit Ecuador combined with data about all other loans of these...

This study refers to the study of Minton et al. (2014) by contributing to the discussion whether their finding that financial experts on the board promote pro-cyclical bank performance arises due to their shareholder-proximity or rather due to their risk-taking attitude, Minton et al. (2014) use...

This study examines the impact of credit union risk characteristics and macroeconomic events on deposits. Looking at a sample of credit unions from 2004-2008 we find that credit union depositors do not consistently punish credit union by deposit withdrawal for risky behavior. Furthermore, we...