Barth Report 2018

The Barth UCFS Report Finds ILCs Thriving

James R. Barth and Yanfei Sun of Auburn University conducted a study for the Utah Center Financial Services (UCFS) on how Industrial Loan Companies (ILCs a.k.a Industrial Banks) have performed compared to other FDIC insured institutions. The findings demonstrate ILCs perform better than all other FDIC institutions.

■ ILCs have a hundred year history of supporting America’s financial system, providing credit during the Great Depression and the severe 2007/2009 financial crisis.

■ ILCs are subject to the same regulatory oversight as well as all the compliance and safety and soundness exams as other banks.

ONE PAGE SUMMMARY

EIGHT PAGE SUMMARY

FULL REPORT