Home  About us  Contact
 

Credit Unions (credit + union)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting76%

Terms modified by Credit Unions

  • credit union industry
    		•

    Selected Abstracts

    Credit Unions and the Supply of Insurance to Low Income Households

    ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 3 2005
    by Pat McGregor
    This ignores their historical development as mutual self-help societies. The distinctive feature of a credit union is taken in this paper to be the provision of insurance , membership gives access to credit in the event of a negative income shock. Banks do not provide such loans because of the low credit worthiness of such borrowers. The application of the model to those credit unions designated as low-income in the US allows them to be broken up into distinct types. [source]

    US Credit Unions: An Empirical Investigation of Size, Age and Growth

    ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 3 2005
    by John Goddard
    Ceteris paribus larger credit unions grew faster than smaller unions. State credit unions grew faster than federal credit unions, and single bond credit unions grew faster than multiple bond credit unions. The size-growth gradients were generally steeper for state than for federal credit unions, and for single bond than for multiple bond credit unions. These patterns are attributed to variations in legislation and regulatory treatment. There is some evidence that younger credit unions tended to outgrow older ones. This seems consistent with a life cycle typology of credit union growth and development. There is also evidence of a positive persistence of growth effect. The cross-sectional variance of growth is inversely related to size, but is largely independent of age. [source]

    The demand for child curative care in two rural thanas of Bangladesh: effect of income and women's employment

    INTERNATIONAL JOURNAL OF HEALTH PLANNING AND MANAGEMENT, Issue 3 2001
    Ann Levin
    Abstract This paper seeks to investigate the determinants of child health care seeking behaviours in rural Bangladesh. In particular, the effects of income, women's access to income, and the prices of obtaining child health care are examined. Data on the use of child curative care were collected in two rural areas of Bangladesh,Abhoynagar Thana of Jessore District and Mirsarai Thana of Chittagong District,in March 1997. In estimating the use of child curative care, the nested multinomial logit specification was used. The results of the analysis indicate that a woman's involvement in a credit union or income generation affected the likelihood that curative child care was used. Household wealth decreased the likelihood that the child had an illness episode and affected the likelihood that curative child care was sought. Among facility characteristics, travel time was statistically significant and was negatively associated with the use of a provider. Copyright © 2001 John Wiley & Sons, Ltd. [source]

    Credit Unions and the Supply of Insurance to Low Income Households

    ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 3 2005
    by Pat McGregor
    This ignores their historical development as mutual self-help societies. The distinctive feature of a credit union is taken in this paper to be the provision of insurance , membership gives access to credit in the event of a negative income shock. Banks do not provide such loans because of the low credit worthiness of such borrowers. The application of the model to those credit unions designated as low-income in the US allows them to be broken up into distinct types. [source]

    PHILANTHROPY AND ENTERPRISE IN THE BRITISH CREDIT UNION MOVEMENT

    ECONOMIC AFFAIRS, Issue 2 2005
    Paul A. Jones
    Through the 1990s hundreds of credit unions were established to serve indebted communities throughout Britain. These volunteer-run financial co-operatives did not meet growth expectations because of restrictive legislation, inadequate development models and well-intentioned but unproductive state intervention. British credit unions are more successful when they develop as market-oriented social enterprises able to build effective partnerships with banks, government and the private sector to serve low-income communities. [source]

    The credit crunch , the right time for credit unions to strike?

    LEGAL STUDIES, Issue 1 2009
    Dr Nicholas Ryder
    The origins of the cooperative movement can be traced to the Rochdale Society of Equitable Pioneers in 1844, from which similar institutions emerged in Central Europe, the North American continent and the rest of the world. Modern credit unions evolved from these small cooperative societies and have developed into mainstream providers of financial services in many jurisdictions. However, credit unions in the UK have not made a similar impact. There are several factors that have limited their growth , an inadequate legislative framework, an ineffective credit union regulatory system, inappropriate development models, an over-reliance on state subsidies and a disunited movement. The aim of this paper is to re-examine these factors in light of the level of political support provided by the government since 1997. [source]

    Efficiency in pre-merger and post-merger non-bank financial institutions

    MANAGERIAL AND DECISION ECONOMICS, Issue 8 2001
    Andrew C. WorthingtonArticle first published online: 19 OCT 200
    A two-part process is employed to analyse the role of efficiency in merger and acquisition (M&A) activity in Australian credit unions during the period 1993,1997. The measures of efficiency are derived using the non-parametric technique of data envelopment analysis. The first part uses panel data in the probit model to relate pure technical efficiency, along with other managerial, regulatory and financial factors, to the probability of merger activity, either as an acquiring or acquired entity. The results indicate that loan portfolio diversification, management ability, earnings and asset size are a significant influence on the probability of acquisition, though the primary determinant of being acquired is smaller asset size. The second part uses a tobit model adapted to a panel framework to analyse post-merger efficiency. Mergers appear to have improved both pure technical efficiency and scale efficiency in the credit union industry. Copyright © 2001 John Wiley & Sons, Ltd. [source]

    Board development practices and competent board members: Implications for performance

    NONPROFIT MANAGEMENT & LEADERSHIP, Issue 3 2007
    William A. Brown
    This study explores underlying assumptions about board development practices in nonprofit governance. Specifically, a model was developed to determine if using recommended recruitment, board member orientation, and evaluation practices resulted in more competent board members and if the presence of these board members led to better board performance. The sample consisted of 1,051 survey responses from CEOs and board chairs representing 713 credit unions. As member-benefit nonprofit organizations, credit unions rely almost exclusively on voluntary board members in an oversight capacity. Results support the contention that board development practices lead to more capable board members, and the presence of these board members tends to explain board performance. The study advances the understanding of nonprofit board development practices by further defining the concept and proposing an empirically tested assessment strategy. Furthermore, the findings support using specific recruitment practices that should strengthen nonprofit boards. [source]

    NEW ZEALAND CREDIT UNION MERGERS

    ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 3 2010
    Lynn Mcalevey
    ABSTRACT,:,Research into the benefits of mergers in small financial institutions, in particular credit unions, is sparse. This study helps to fill this gap by analyzing recent intense merger activity in New Zealand credit unions. The major driver for these mergers was not the usual reason of attempting to increase efficiency for competitive purposes but rather enforced government action. Data envelopment analysis is used to explore changes in efficiency in merged credit unions between 1996 and 2001. Those credit unions not involved in merger activity are used as a control group. Overall, credit unions have become more efficient over the period, notably in those that undertook mergers. The Malmquist index indicates significant technological progress over the period but a slight regression in terms of efficiency. [source]

    FRONTIER EFFICIENCY MEASUREMENT IN DEPOSIT-TAKING FINANCIAL MUTUALS: A REVIEW OF TECHNIQUES, APPLICATIONS, AND FUTURE RESEARCH DIRECTIONS

    ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 1 2010
    Andrew C. Worthington
    ABSTRACT,:,Despite the global importance of mutuals in financial services, and the universal need to measure and improve organizational efficiency in all deposit-taking institutions, it is only relatively recently that the most advanced econometric and mathematical programming frontier techniques have been applied. This paper provides a synoptic survey of the comparatively few empirical analyses of frontier efficiency measurement in deposit-taking financial mutuals, comprising savings and loans, building societies and credit unions in Australia, the UK, and the USA. Both estimation and measurement techniques and the determinants of efficiency are examined. Particular focus is placed on how the results of these studies may help inform regulatory policy and managerial behaviour. [source]

    Credit Unions and the Supply of Insurance to Low Income Households

    ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 3 2005
    by Pat McGregor
    This ignores their historical development as mutual self-help societies. The distinctive feature of a credit union is taken in this paper to be the provision of insurance , membership gives access to credit in the event of a negative income shock. Banks do not provide such loans because of the low credit worthiness of such borrowers. The application of the model to those credit unions designated as low-income in the US allows them to be broken up into distinct types. [source]

    US Credit Unions: An Empirical Investigation of Size, Age and Growth

    ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 3 2005
    by John Goddard
    Ceteris paribus larger credit unions grew faster than smaller unions. State credit unions grew faster than federal credit unions, and single bond credit unions grew faster than multiple bond credit unions. The size-growth gradients were generally steeper for state than for federal credit unions, and for single bond than for multiple bond credit unions. These patterns are attributed to variations in legislation and regulatory treatment. There is some evidence that younger credit unions tended to outgrow older ones. This seems consistent with a life cycle typology of credit union growth and development. There is also evidence of a positive persistence of growth effect. The cross-sectional variance of growth is inversely related to size, but is largely independent of age. [source]

    Public Sector Banks in India: Rationale and Prerequisites for reform

    ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 1 2002
    T.G. Arun
    This paper contributes to the debate on public sector banks by suggesting several rationales for government ownership of banks in India. The paper then proceeds to argue that due to high economic costs, the current public sector banking system is unsustainable. Although a policy of wider private ownership was introduced in the 1990s, it is suggested that there are several prerequisites to be met before such a reform can be more fully implemented. It is argued that these prerequisites arise from the rationales for government ownership, and they include a credible bank regulatory regime, and government promotion of co-operative banks and credit unions. [source]