Interstate Banking

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Dictionary Says

Definition of 'Interstate Banking'

The expansion of banking across state lines. Interstate banking became widespread in the mid 1980s, when state legislatures passed legislation that allowed bank holding companies to acquire out-of-state banks on a reciprocal basis with other states. Interstate banking has led to the rise of both regional and national banking chains.
Investopedia Says

Investopedia explains 'Interstate Banking'

Interstate banking has grown in three separate phases, starting in the 1980s with regional banks. These companies are limited to a specific region, such as the Northeast or Southeast, and were formed when smaller, independent banks merged to create larger banks. Then state law permitted a national trigger that allowed mergers with banks in any other state after a certain date. The Reigle-Neal Interstate Banking and Branching Efficiency Act allowed banks which met capitalization requirements to acquire other banks in any other state after Oct. 1, 1995. The direct result of these legislations was the onset of nationwide interstate banking.
Search results for

'Interstate Banking'

  • The Globalization Of Financial Services

    http://www.investopedia.com/articles/financial-theory/09/risk-free-rate-return.asp
    ... and beginning in the early 1980s, a sequence of policy changes implemented a gradual
    reduction of intrastate and interstate banking restrictions. ...

  • What If There Were No Government? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/What-If-There-Were-No-Government.aspx
    ... government. (For more on banks, check out The Evolution Of Banking.). ... company.
    Interstate commerce would be a curious case as well. ...

  • Why You Should Care About An Internet Sales Tax - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/Why-You-Should-Care-About-An-Internet-Sales-Tax.aspx
    ... of that money. Why? Because bylaw, interstate and online retail transactions
    aren't subject to taxes. That's right. Spend $100 down ...

  • 7 Tips To Move On The Cheap - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/7-Tips-To-Move-On-The-Cheap.aspx
    ... Your odds of finding cheap moving companies that are local to your area are best
    if you're not moving terribly far, as more well-known interstate movers will ...

  • Congress Ready To Act On Online Sales Tax - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/Congress-Ready-To-Act-On-Online-Sales-Tax.aspx
    ... It would discourage small businesses from pursuing interstate commerce opportunities
    at a time when business activity should be fostered and encouraged ...

  • 6 Easy And Cheap Steps To Winterize Your Car - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0212/6-Easy-And-Cheap-Steps-To-Winterize-Your-Car.aspx
    ... and difficult to remove. Better to find this out in your garage or driveway
    than alongside the interstate. (For more money saving ...

  • Series 26 Study Guide - Sales Activities - FINRA Conduct Rule 2420 ...

    http://www.investopedia.com/exam-guide/series-26/sales/finra-conduct-rule-2420.asp
    ... is a member of the general public not engaged in the investment banking or securities ...
    of the mails or of any means or instrumentality of interstate commerce to ...

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