How do Rural and Urban Retail Banking Customers Differ?

Posted: 13 Aug 2020

See all articles by David Benson

David Benson

Board of Governors of the Federal Reserve System

Serafin Grundl

Board of Governors of the Federal Reserve System

Richard Windle

Board of Governors of the Federal Reserve System

Date Written: June 12, 2020

Abstract

This note documents differences and similarities between rural and urban retail banking clients using data from the Board's Survey of Consumer Finances (SCF). Understanding geographic differences in local demand conditions for banking is important for designing effective public policy.

Suggested Citation

Benson, David and Grundl, Serafin and Windle, Richard, How do Rural and Urban Retail Banking Customers Differ? (June 12, 2020). FEDS Notes No. 2020-06-12-2, Available at SSRN: https://ssrn.com/abstract=3673507 or http://dx.doi.org/10.17016/2380-7172.2513

David Benson (Contact Author)

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

Richard Windle

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

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