Date of this Version
NEBRASKA POLICY CHOICES 1987, ed. Russell L. Smith (Omaha: Center for Applied Urban Research, 1987).
During the 1980s, community banks in Nebraska have been challenged by a weak agricultural economy and by deregulation of the financial services industry. Bank profits have fallen and many banks have failed. Of the two problems, deregulation may have more far reaching consequences as it increases the competition faced by community banks. Community banks will have to take advantage of new technology, new marketing strategies, and new sources of income to remain viable. Public policy should aim at removing regulatory and tax barriers that constrain community banks.