EFFECT OF COMMUNITY BANKING ON RURAL DEVELOPMENT IN AKUNGBA AKOKO ONDO STATE

Student: Kehinde Oluwatimileyin Sanyaolu
Supervisor: Prof Sunday Akinmulegun
HOD: Dr Charles Temitope Awosusi
Department of Banking and Finance
Management Science
Adekunle Ajasin University, Akungba-Akoko, Ondo State

Abstract

ABSTRACTThis study examined the role of community banking in fostering rural development in Akungba Akoko, Ondo State, Nigeria, with a specific focus on the operations of Grooming Microfinance Bank. The research was guided by four research questions.A structured questionnaire was employed to collect data which were analyzed using frequency counts, percentages, mean scores, ordinary least square regression and chi-square tests.The findings of the Ordinary Least square regression indicated that community banking access ($\beta =0.412, p

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