Journal Article

www.your-community-bank.com: community banks are going online

Abstract: Responding to threats from competitors smaller, community-based banks are beginning to venture online through web site development and Internet banking services. The Internet is seen as an \\"equalizer\\" allowing even the smallest, geographically-limited institution the opportunity to reach a wider customer base without having to build expensive branches. But what happens to the community bank when it throws open its doors in cyberspace? Luxman Nathan looks at the involvement of community banks with Internet banking and examines some of the potential challenges they face as they adopt this new service delivery channel.

Keywords: Bank management;

Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Publication Date: 1999

Issue: Fall

Pages: 2-8