IMPACT OF COMMUNITY BANKING ON RURAL DEVELOPMENT

This study deals with the impact of community banking on rural development. In recent past, our rural dwellers have been finding it very difficult to save their money and other valuables in the commercial banks in urban area. This is because of the long process involved in opening a savings account and also distance in moving from where they are living to an urban location of commercial banks. This research work is presented in five chapters. The first chapter started the problems which are to be appraised, the reasons for studying this work and those who will benefit from this work. Relevant theoretical and empirical literature, which relate to present study were reviewed in chapter three. Chapter four deals with presentation analysis and interpretation of data. The last chapter that is chapter five deals with the summary of the research findings, conclusion and recommendations. Since the introduction of community banks, this problem has been solved especially for our rural dwellers. They now find it easy to open up savings and current account in these community banks rather than keeping the money under their beds or loosing them to termites or ants.