Date of Award

Fall 12-2015

Degree Type

Honors College Thesis


Finance, Real Estate, and Business Law

First Advisor

Steven Stelk

Advisor Department

Finance, Real Estate, and Business Law


This paper is a survey of the current literature concerning community banks, the current challenges faced by community banks, and the role community banks play in the economy. Currently technological and regulatory changes are creating challenges for community banks. To combat these issues many community banks are increasing their merger and acquisition activity to avoid closing. This objective of this paper is to discuss the reasons community banks are so important to our economy and to define the hardships they are currently facing. It is also important to identify the next steps we should take to ensure the stability of community banks and how they will continue to play a role in the future. This paper will also give suggestions for future research in the community banking industry.