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Statement from the Institute for Local Self-Reliance on Today’s Reintroduction of the Bank Merger Review Modernization Act

Statement from the Institute for Local Self-Reliance on Today’s Reintroduction of the Bank Merger Review Modernization Act

Jess Del Fiacco

September 30, 2021

The following statement was issued by Stacy Mitchell, co-director of the Institute for Local Self-Reliance, in response to legislation reintroduced today by Senator Elizabeth Warren (D-Mass.) and Representative Jesús “Chuy” García (D-Ill.) that would ensure greater regulatory scrutiny of mergers in the banking and financial services sector.   READ MORE


In Depth

Report: Fewer Small Businesses are Receiving Federal Relief Loans in States Dominated by Big Banks

Report: Fewer Small Businesses are Receiving Federal Relief Loans in States Dominated by Big Banks

Stacy Mitchell

April 29, 2020

A significantly larger number of federal relief loans are reaching small businesses in states where small, local banks comprise a greater share of the market, compared to states where big banks are more dominant, an ILSR analysis has found.  READ MORE


Our Guide Gives State and Local Leaders Tools to Fight Corporate Monopolies

Our Guide Gives State and Local Leaders Tools to Fight Corporate Monopolies

Jess Del Fiacco

July 15, 2020

As state and local leaders grapple with how to create a true recovery — one that lifts wages, fosters small businesses, and rebalances power — combating outsized corporate power is a key strategy. Check out ILSR's guide to antimonopoly policies for states and cities.  READ MORE


FEATURED GRAPHS

Statement from the Institute for Local Self-Reliance on Today’s Reintroduction of the Bank Merger Review Modernization Act

Statement from the Institute for Local Self-Reliance on Today’s Reintroduction of the Bank Merger Review Modernization Act

Published by: Jess Del Fiacco

September 30th, 2021

FOR IMMEDIATE RELEASE Contact: Virgil McDill, vmcdill@ilsr.org, 202.294.9187   Statement from the Institute for Local Self-Reliance on Today’s Reintroduction of the Bank Merger Review Modernization Act   WASHINGTON, D.C. (September 30, 2021) - The following statement was issued by Stacy Mitchell, co-director of the Institute f[...]


Distribution of Credit Card Loans by Banks Size, 1994-2018

Distribution of Credit Card Loans by Banks Size, 1994-2018

Published by: ILSR

May 15th, 2019

Credit card lending has seen major growth in the past decades. With that growth has come almost unparalleled concentration. Today, about half of all credit cards are issued by giant banks, who also dominate the amount of total credit extended. That[...]


Number of New Banks Created by Year, 1993 to 2018

Number of New Banks Created by Year, 1993 to 2018

Published by: ILSR

May 14th, 2019

The number of community banks has declined sharply in the last decade. A significant share of the decline is owed to the fact that virtually no new banks have been created since 2009. Between 2004 and 2008, before the financial[...]


Community Banking Resources