The concentration of bank deposits at the local level (that is in urban communities and rural counties) has displayed only moderate changes in recent years.

• True

• False

Bank holding companies hold more than 90 percent of the industry's assets in the United States.

• True

• False

The average U.S. bank is larger in size (in terms of number of branch offices) than the average Canadian bank.

• True

• False

There is evidence that branch banks charge higher fees for some banking services than do unit banks.

• True

• False

In banking, organizational form follows __________ because banks usually are organized in such a way as to carry out the tasks and supply the services demanded of them. The term that correctly fills in the blank in the sentence above is:

• Bank size

• Management's decision

• Function

• Regulation

• Location

Over half of all U.S. states today limit branching activity.

• True

• False

Bank size is not considered a significant factor in determining how banks are organized.

• True

• False

Community banks are usually smaller banks that are devoted principally to the markets for smaller, locally based deposits and loans.

• True

• False

Branch banks tend to offer a wider menu of services than unit banks.

• True

• False

Recent research suggests that the relationship between bank size and the cost of production per unit is roughly U shaped.

• True

• False