» Bank Competition, Volume 5, Issue 8, 2005

If respondent changed principal financial institutions in the last three years.

4a. In what year did you change?

Notes: Thirty-three (33) percent of small employers who changed financial institutions in the last three years did so in 2005 (Q#4a). (Since the survey from which this question was drawn was conducted in the spring of 2006, the last three years included all or part of four different calendar years.)