Competition for Deposits in the US

A recent research note from Bank Policy Institute shares how big and smaller banks are fairing in the fight for deposits; big banks report more growth in urban areas while smaller banks in rural communities continue to attract deposits; there are varying opinions on the reason for the trends on both sides but the reality is that rural markets are shrinking; some believe that big banks are benefiting from demographic changes and some community bank advocates believe they have a disproportionate regulatory burden compared to bigger banks; American Banker shares further data on how this is all playing out. Source