Geographic Restrictions on Commercial Banking in the United States: The Report of the President

摘要

The report contains an overview of branch banking issues, findings, and policy options. Other issues addressed are: Competition and concentration in commercial banking; Nonbank organizations and the McFadden Act; Economies of scale, operating efficiencies, and the organizational structure of banks; Multi-office banking and the safety and soundness of commercial banks; Impact of bank structure on service to local communities and other considerations; McFadden Act and the dual banking system; Foreign banks in the U.S. and the McFadden Act.