000			01276pab a2200169 454500
008			180718b1998 xxu||||| |||| 00| 0 eng d
100			_aSquires, Gregory D.
245			_aFringe banking in Milwaukee: the rise of check-cashing businesses and the emergence of a two-tiered banking system
260			_c1998
300			_ap.126-49
362			_aSep
520			_aCheck-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			_aBanks
700			_aO'Connor, Sally
773			_aUrban Affairs Review
909			_a40691
999			_c40691 _d40691