Credit Unions and the Common Bond

A dataset from federally chartered occupational credit unions in 1996 used to investigate the effects of common bonds on credit union operations. The data was analyzed by William R. Emmons of the Federal Reserve Bank of St. Louis. The research suggests credit unions with multiple common bonds have higher participation rates than those with a single bond.

Use Cases

• Modeling credit union formation and consolidation based on common bond principles described in the research.
• Analyzing the relationship between multiple common bonds and member participation rates as suggested by the study's findings.
• Investigating the operational effects of legal requirements for membership common bonds in financial cooperatives.

Strengths

• Data is drawn from federally chartered occupational credit unions, providing a specific regulatory context.
• Analysis is conducted by an author from the Federal Reserve Bank of St. Louis, suggesting institutional credibility.

Limitations

• Column-level documentation is absent; field semantics must be inferred from the research paper.
• Row count is unknown, which may limit suitability assessment.
• Data is from a single year (1996), which may limit temporal generalizability.

Provenance

Source

Federal Reserve Bank of St. Louis

Collection Method

Drawn from federally chartered occupational credit unions.

Time Range

1996

Geography

United States