The globalization forces have led to significant changes in the American financial sector. The financial institutions in the United States have seen better coordination and integration ever since. Also the different markets have been linked with one another like never before. Small banks had to merge to remain competitive and to stand up to the business acumen of the major players.

Players like the LoanMax managed by the renowned financial expert rod aycox had to continuously improve their efficiency and their productivity. For a small player like LoanMax to post profits, the management had to adhere to a higher standard with the goal of productivity in mind. With each passing year LoanMax is much sought after both by the small scale businessmen and other people in need of money.

After the outbreak of the financial crisis, banks had to implement stringent policies to stave off a bankruptcy. Even though a major readjustment during an economic crisis was difficult, there was no other way out of the present crisis. While small players like LoanMax could come out unscathed, the teething troubles of the major players are now the hot topic of discussion in the various talk shows. While the economic environment has totally changed, the attitude of the society is being closely watched. Even then the resilience of the American economic system to bounce back from any type of storm is a foregone conclusion.

The performance of the banks both in the public and private sectors in the United States has become more market driven with growing emphasis being placed on better performance. It would be of interest to business analysts, researchers, academicians and planners
i. To explore the broad structure of the banking system in the United States
ii. To analyze the overall efficiency of the system in terms of various financial parameters and
iii. To delineate and analyze the overall efficiency into its components namely, technical efficiency and allocation efficiency