Exchange Currency

McFadden Act

Enacted in 1927 and named after Representative Louis Thomas McFadden, the Act permitted national banks to branch intrastate to the same extent as state-chartered banks were permitted to branch out. Interstate branching was not permitted until 1994 when that portion of this federal law was repealed.

Related information about McFadden Act:
  1. McFadden Act - Wikipedia, the free encyclopedia
    The McFadden Act is a United States federal law, named after Louis Thomas McFadden member of the United States House of Representatives and Chairman ...
     
  2. McFadden Act Definition | Investopedia
    Federal legislation that gave individual states the authority to govern bank branches located within the state. This includes branches of national banks located ...
     
  3. Wiki - McFadden Act of 1927
    Jul 23, 2010 ... Amended the national banking law and the Federal Reserve Act. Enacted to address some of the competitive inequalities between state and ...
     
  4. The McFadden Act - The Federal Reserve Bank of San Francisco
    Aug 19, 1983 ... in the McFadden Act. Two concerns, therefore, shaped the debate over the McFadden-Pepper Act: the poten- tial anti-competitive effects of ...
     
  5. McFadden Act: Definition from Answers.com
    Mcfadden Act Law enacted by Congress in 1927 giving states the power to regulate bank branching, including branching by national banks.
     
  6. The McFadden Act - Federal Reserve Bank of Philadelphia
    ederal Reserve Bank of Philadelphia. ISSN 0007- 7011. JULY-AUGUST 1979. Unemployment. Insurance Programs: A New Look for the Eighties?
     
  7. Constituencies and Legislation: The Fight over the McFadden Act of ...
    Mar 16, 2012 ... The McFadden Act of 1927 was one of the most hotly contested pieces of legislation in U.S. banking history, and its influence was still felt over ...
     
  8. Interstate Banking Restrictions under the Mcfadden Act - JStor
    The definition of "branch" under the McFadden Act' establishes where and how a ... of the McFadden Act.3 Two recent federal court decisions, Securities In- ...