Interstate Banking Efficiency Act
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Interstate Banking Efficiency Act conference report (to accompany H.R. 3841). by U. S. Congress

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Published by U.S. G.P.O. in [Washington, D.C.? .
Written in English

Subjects:

  • Banking law -- United States.,
  • Interstate banking -- Law and legislation -- United States.,
  • Bank holding companies -- United States.

Book details:

Edition Notes

SeriesReport / 103d Congress, 2d session, House of Representatives -- 103-651.
The Physical Object
Pagination68 p. ;
Number of Pages68
ID Numbers
Open LibraryOL15391634M

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Book: All Authors / Contributors: Matthew Bender (Firm) OCLC Number: Notes: Also cited as the Riegle-Neal Interstate Banking and Branching Efficiency Act of , Pub. L. No. , Stat. (Sept. 19, ). Description: 17 pages ; 24 cm: Other Titles: Riegle-Neal Interstate Banking and Branching Efficiency Act of P.L. RIEGLE-NEAL INTERSTATE BANKING AND BRANCHING EFFICIENCY ACT OF An Act. To amend the Bank Holding Company Act of , the Revised Statutes of the United States, and the Federal Deposit Insurance Act to provide for interstate banking and branching. The Interstate Banking and Branching Efficiency Act (IBBEA) represented a significant step in the deregulation of interstate banking and branching. The IBBEA's passage had a positive wealth effect on a sample of large Bank Holding Companies (BHCs).Cited by: Efficiency Act of , signed into law by President Clinton on Septem eliminates most restrictions on interstate bank acquisitions and makes interstate branching possible for .

1. Introduction. Although the historical barriers to interstate banking activities had been significantly relaxed in recent years by state-level interstate banking legislation, the passage of the Riegle–Neal Interstate Banking and Branching Efficiency Act of (IBBEA) represents an important milestone in the movement toward unrestricted nationwide interstate banking and branching by: Section was enacted as part of the Riegle-Neal Interstate Banking and Branching Efficiency Act of , and not as part of the Federal Deposit Insurance Act .   The Riegle-Neal Interstate Banking and Branching Efficiency Act of , which became fully operative on June 1, , eliminated virtually all interstate It was assumed that banks and bank holding companies would use their new geographic freedom to expand across state lines through mergers, acquisitions, and the establishment of de novo by: 1. On Septem , the Riegle-Neal Interstate Banking and Branching Efficiency Act of was signed into law by President Clinton. On a phased basis, this Act opens the door for interstate banking .

  TABLE OF CONTENTS: Title I: Interstate Banking and Branching Title II: General Provisions Riegle-Neal Interstate Banking and Branching Efficiency Act of - Title I: Interstate Banking and Branching - Amends the Bank Holding Company Act of to authorize the Board of Governors of the Federal Reserve System (the Board) to permit an. THE RIEGLE-NEAL INTERSTATE BANKING AND BRANCHING EFFICIENCY ACT OF RESPONDING TO GLOBAL COMPETITION Patrick Mulloy* and Cynthia Lasker** I. INTRODUCTION On Septem , President Clinton signed into law the Riegle-Neal Inter-state Banking and Branching Efficiency Act of ' This historic banking legislationCited by: 7. The Riegle-Neal Interstate Banking and Branching Efficiency Act of [IBBEA] amended the laws governing federally chartered banks in order to restore the laws' competitiveness with the recently relaxed laws governing state -chartered banks. The goal was the return to a balance between the benefits of a state bank charter versus a federal bank charter. Get this from a library! Interstate Banking Efficiency Act: conference report (to accompany H.R. ).. [United States. Congress].