Maria Magdalena Golec | Piotr Płuciennik
pages: 27-36;
JEL classification: G21, M21, L31;
Keywords: cooperative bank, money transfers, deposits, loans;
Abstract: Due to the traditional operational model of cooperative banks which is mostly based on financial
intermediation, the range of a local bank’s social influence in a given environment is highly dependent
on the money transfer balance, that is using local money to satisfy local needs. A typical
obstacle to this activity could be observed in Poland, in positive money transfers in those banks
understood as the excess of deposits from customers over loans given to them. The purpose of the
following paper is to examine this phenomenon in Polish cooperative banks in comparison to credit
cooperatives in Europe together with its explanation on the basis of the selected group of cooperative
banks in Poland. According to the sector data in the years 2004-2015 Polish cooperative banks
are net lenders for the remaining entities of the financial sector. On the European market, on the
other hand, groups of cooperative banks aim to balance money transfers. It is the activity of the
biggest sector players that mostly influences the information concerning credit cooperatives, which
is why more thorough research into the group of over 90 Polish cooperative banks was conducted
in the years 2009-2016. In the examined group deposits exceed loans and the phenomenon continues
to grow and it has been observed in over three quarters of the institutions in question since
2011.