Journal Article

Banking under changing rules: the fifth district since 1970


Abstract: Since 1970, the Fifth District has seen changes in state laws governing bank branching and interstate banking and in federal laws governing bank holding company activities. Now that branching within states has been liberalized in all Fifth District jurisdictions, the major field for future evolution of the law is in interstate banking. In particular, nationwide interstate banking, interstate branching, and de novo entry are the last areas in which the law blocks competition among banks.

Keywords: Bank supervision; Federal Reserve District, 5th;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Economic Review

Publication Date: 1989

Volume: 75

Issue: Mar

Pages: 3-7