The banking expansion that crosses state lines from acquired holding companies. Legislation in the 1980s permitted holding companies to purchase banks in other states, which led to a rise in interstate banking. The Neal Interstate Banking and Branching Efficiency Act of 1995 allowed acquisitions anywhere in the United States, leading to regional and national chains.
Related information about interstate banking:
- Interstate Banking Definition | Investopedia
The expansion of banking across state lines. Interstate banking became widespread in the mid 1980s, when state legislatures passed legislation that allowed ...
- Bank Holding Company Act - Wikipedia, the free encyclopedia
The interstate restrictions of the Bank Holding Company act were repealed by the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (IBBEA).
- Interstate Banking: Definition from Answers.com
Interstate Banking Banking expansion across state lines through bank holding company acquisitions. Interstate expansion of commercial banking companies.
- The Impact of Interstate Banking and Branching Reform: Evidence ...
Federal interstate banking and branching reform is about to become a reality, with the first phase of new ... rently allow interstate banking only on a reciprocal or ...
- A Call for Interstate Banking - TIME
Jan 12, 1981 ... Moving into the financial future, but a fight lies aheadBig U.S. banks looking for ways to expand their business have long been restricted by ...
- Riegle-Neal Interstate Banking and Branching Efficiency Act - FDIC
Dec 3, 2009 ... This Act may be cited as the "Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994". [Codified to 12 U.S.C. 1811 note]. [Source: ...
- Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994
Apr 18, 2012 ... The Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 permitted adequately capitalized and managed bank holding ...
- Interstate Banking: The Reform That Won't Go Away
Dec 15, 1987 ... Interstate Banking: The Reform That Won't Go Away. by Steven Horwitz and G. A. Selgin. Steven Horwitz and G. A. Selgin are, respectively, ...