The Barth CIBFS Report Finds ILCs Thriving
James R. Barth and Yanfei Sun of Auburn University conducted a study for the Center of Innovation in Banking & Financial Services (CIBFS) 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.