Report
Banks' payments-driven revenues
Radecki, Lawrence J. (1999-02-01)
The amount of fee income earned by the banking sector suggests that the significance of payment services has been understated or overlooked. This paper attempts to develop a clearer picture of the importance of payment services to the industry by delineating the payments area broadly and by analyzing data disclosed in bank holding company annual reports on sources of noninterest income. ; We find that payment services bring in from one-third to two-fifths of the combined operating revenue of the twenty-five largest bank holding companies. This contribution to revenue is considerably larger ...
Staff Reports , Paper 62

Report
A survey of the origins and purposes of deposit protection programs
Radecki, Lawrence J. (1990)
Research Paper , Paper 9034

Journal Article
The household demand for money: estimates from cross-sectional data
Radecki, Lawrence J.; Garver, Cecily C. (1987-04)
Quarterly Review , Volume 12 , Issue Spr , Pages 29-34

Journal Article
Bank branches in supermarkets
Orlow, Daniel; Wenninger, John; Radecki, Lawrence J. (1996-12)
The largest U.S. commercial banks are restructuring their retail operations to reduce the cost disadvantage resulting from a stagnant deposit base and stiffer competition. As part of this effort, some banks are opening "supermarket," or "in-store," branches: a new type of banking office within a large retail outlet. An alternative to the traditional bank office, the supermarket branch enables banks to improve the efficiency of the branch network and offer greater convenience to customers.
Current Issues in Economics and Finance , Volume 2 , Issue Dec

Journal Article
Financial transactions and the demand for M1
Wenninger, John; Radecki, Lawrence J. (1986-07)
Quarterly Review , Volume 11 , Issue Sum , Pages 24-29

Journal Article
The monetary aggregates in 1985
Wenninger, John; Radecki, Lawrence J. (1985-01)
Quarterly Review , Volume 10 , Issue Win , Pages 6-10

Journal Article
The expanding geographic reach of retail banking markets
Radecki, Lawrence J. (1998-06)
In the view of most policymakers and economists, competition in retail banking takes place in local markets the size of a single county or metropolitan area. This article presents evidence that the locus of banking competition has in recent years shifted to larger geographic arenas. The author's review of 1997 survey data reveals that many banks set uniform rates for both deposits and retail loans across an entire state or broad regions of a large state. Regression analysis of the relationship between retail deposit rates and measures of market concentration further supports this expansion in ...
Economic Policy Review , Volume 4 , Issue Jun , Pages 15-34

Journal Article
Potential employment effects of the restructuring of retail banking
Radecki, Lawrence J. (1997-02)
The author explains that two steps being taken by banks to restructure their branch systems--the substitution of supermarket branches for traditional offices and the expansion of telephone banking through twenty-four-hour phone centers--may adversely affect employment in New York State as well as across the country.
Economic Policy Review , Volume 3 , Issue Feb , Pages 75-78

Journal Article
The globalization of financial markets and the effectiveness of monetary policy instruments
Reinhart, Vincent; Radecki, Lawrence J. (1988-10)
Quarterly Review , Volume 13 , Issue Aut , Pages 18-27

Journal Article
Paying electronic bill electronically
Wenninger, John; Radecki, Lawrence J. (1999-01)
Electronic billing and payment systems are about to change the way many households pay their monthly bills. These systems are likely to increase consumer convenience and reduce billers' costs. Several factors, however, could slow down the widespread use of electronic billing and payments, including customer resistance to change, unequal access to technology, and consumer privacy concerns.
Current Issues in Economics and Finance , Volume 5 , Issue Jan