Interstate Banking

4 April 2015
Pros & cons, regulations, holding companies, examples, banking concentration, profits, impact on community.

This research explores the issue of interstate banking in the United States. Until the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 becomes effective in 1997, de jure interstate banking in the United States will continue to be illegal as it has been for decades (Clinton, 1994, pp. 1896-1899).

Interstate Banking Essay Example

Opponents argue that interstate banking will lead to increased concentration in the commercial banking industry in any jurisdiction where the practice is permitted (Petersen & Rajan, 1995, pp. 407-443). Such a development did occur in Canada. That country enacted federal legislation just after the end of the Second World War that permitted the conduct of inter-provincial commercial banking. In the five decades since that time, six …

A limited
time offer!
Save Time On Research and Writing. Hire a Professional to Get Your 100% Plagiarism Free Paper