... Allen N., and Gregory F. Udell. 1998. The Economics of Small BusinessFinance: The Roles of Private Equity and Debt Markets in the FinancialGrowth Cycle,” Journal of Banking and Finance, August, ... Reserve therefore has astrong interest in understanding issues facing community banks. I. THE CURRENT ROLE OF COMMUNITY BANKS The banking system in the United States has always been unique in the ... Bank of New York, CurrentIssues in Economics and Finance, August. Strahan, Philip, and James Weston. 1998. “Small Business Lending and the Changing Structure of the Banking Industry,” Journal of...