Banking Under Changing Rules: The Fifth District Since 1970

Mengle, David

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Banking Under Changing Rules: The Fifth District Since 1970

FRB Richmond Economic Review, Vol. 75, No. 2, March/April 1989, pp. 3-7

5 Pages Posted: 2 Nov 2012

See all articles by David Mengle

David Mengle

International Swaps and Derivatives Association; Fordham University Graduate School of Business

Date Written: 1989

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.

Suggested Citation: Suggested Citation

Mengle, David, Banking Under Changing Rules: The Fifth District Since 1970 (1989). FRB Richmond Economic Review, Vol. 75, No. 2, March/April 1989, pp. 3-7, Available at SSRN: https://ssrn.com/abstract=2125369