Transcript ch17_final.ppt

Chapter Seventeen
The Near Banks
Near Banks
• Trust Companies
• Mortgage Loan Companies
• Credit Unions
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Slide 17–3
Trust Companies
History and organization
Corporate trustees
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Slide 17–4
Mortgage Loan Companies
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History and Organization
Regulation
Deposit Insurance
The Balance Sheet
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Slide 17–5
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Slide 17–6
Credit Unions
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Mutual Ownership
Common Bond Membership
Nonprofit, Tax-Exempt Status
Central Credit Unions
Organizational Structure
Deposit Insurance
Credit Unions across Canada
Credit Union Size
The Balance Sheet
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Slide 17–7
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Slide 17–8
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Slide 17–9
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Slide 17–10
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Slide 17–11
Savings and Loan Industry in the U.S.
• Will Review
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Number of institutions
Types of loans
S&L size
S&L assets
S&L liabilities and net worth
Capital
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Slide 17–12
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Slide 17–13
Decline in Number of Savings
and Loan Associations in the U.S.
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FDIC statistics on banking industry
http://www2.fdic.gov/qbp
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Total Assets of Savings
and Loan Associations, 1979–2001
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Slide 17–15
Savings and Loan Assets, 2001
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Slide 17–16
Average Assets per Savings and Loan
Association, 1984–2001
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Slide 17–17
The Future of the S&L Industry (Net Income)
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Slide 17–18
Savings and Loan’s Return on Equity
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Slide 17–19
Number of Credit Unions in the U.S.,
1933–2001
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Slide 17–20
Types of U.S. Credit Union Loans
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Slide 17–21
Advantages and Disadvantages of Credit Unions
• Advantages
– Employer support
– Tax advantage
– Strong trade associations
• Disadvantages
– Common bond requirement
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Slide 17–22
Credit Union Membership in the U.S.,
1933–2002
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Slide 17–23
Future of Credit Unions in the U.S.
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Slide 17–24