Rice, Tara; Strahan, Philip E. - Federal Reserve Board (Board of Governors of the … - 2008
legislation – the Interstate Banking and Branching Efficiency Act (IBBEA) – permitted
banks and bank holding companies to expand …
companies to own their banks (interstate banking), there were almost no interstate branches.
1
IBBEA, which was passed in … 1994, allowed both unrestricted interstate banking (in effect in
1995) and interstate branching (in effect in 1997). The …