Publication Date
1-1-2013
Document Type
Dissertation/Thesis
First Advisor
Docking, Diane S.
Degree Name
B.A. (Bachelor of Arts)
Legacy Department
Department of Finance
Abstract
Since its passage, the Dodd-Frank Wall Street Reform and Consumer Protection Act has grown to over 8,000 pages of proposed and final rules and regulations. For any bank, compliance with that volume is a challenge, but for a small bank, it can have far-reaching consequences. This project analyzes possible effects of the Dodd-Frank Act on financial services providers, specifically Main Street banks, otherwise known as community banks. In an effort to create a safer and more stable financial institutional environment, the Dodd- Frank Act added levels of regulation never seen since the Great Depression. This level of regulation can have negative impacts on community banks in the form of increased regulatory capital, increased non-interest expense, decreased amount of loans, and lower returns on equity.
Recommended Citation
Rivers, Amy N., "An Analysis of the Dodd-Frank Act and its Impact on Community Banks" (2013). Honors Capstones. 130.
https://huskiecommons.lib.niu.edu/studentengagement-honorscapstones/130
Extent
25 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
