| 000 -LEADER |
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| fixed length control field |
01276pab a2200169 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b1998 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Squires, Gregory D. |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Fringe banking in Milwaukee: the rise of check-cashing businesses and the emergence of a two-tiered banking system |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
1998 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.126-49 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
|---|
| Dates of publication and/or sequential designation |
Sep |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
Check-cashing businesses constitute a growing industry, particularly in low-income and non-white neighborhoods. This case study of Milwaukee, Wisconsin, finds that check-cashing businesses are concentrated in the central city while conventional banks are concentrated in outlying city and suburban communities. These services are growing, despite relatively high fees, primarily because of their convenient hours and locations for central-city residents, exclusionary behavior by conventional institutions, and financial problems of area households. More effective marketing by conventional banks and more aggressive enforcement of community reinvestment requirements by regulatory agencies would blunt development of two-tiered banking and facilitate revitalization of distressed communities. - Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Banks |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
O'Connor, Sally |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Urban Affairs Review |
| 909 ## - |
|---|
| -- |
40691 |
