2004workingpapers_20_OBJ.pdf (144.39 kB)
2004-16 Do multimarket banks set uniform loan rates across markets?
Recent work has suggested that multimarket banks tend to offer the same deposit interest rates in all local markets served, with implications for a broader geographic market definition. This note examines comparable evidence on the consumer loan side, finding that while some banks may offer the same or similar loan rates across geographic markets – especially within the same state -- this does not seem to apply more generally.