Drew Dahl is an economist at the Federal Reserve Bank of St. Louis.
When local bank branches close, customers may have to travel longer distances for financial services, which is more often the case in rural areas.
New CEOs at rural banks are younger than their urban peers, a marked change from 1997 to 2008.
Wondering how fast banks will adopt new financial technologies (fintech)? Look to their record on creating a URL.
Find out how many people, including minorities and the poor, are affected by these deserts and which area of the country is likely to see more of these.
Smaller banks spend proportionately more on compliance, yet don’t perform better than larger ones, at least in one key metric.
