Bank Competition
» Bank Competition, Volume 5, Issue 8, 2005
If respondent changed principal financial institutions in the last three years.
Was a reason for changing to a new institution that:?
4bH. (reason for change) It charged more reasonable bank fees.
| Response | ||||
|---|---|---|---|---|
| 1 | Yes | 38 | ||
| 2 | No | 59 | ||
| 3 | DK/Refuse | 3 | ||
| Total (%) | 100 | |||
| N | 70 | |||
Notes: Thirty-eight (38) percent of small employers who changed principal financial institutions in the last three years report that a reason for change was that their new institution charged more reasonable fees (Q#4bH).
