<P> The Riegle - Neal Interstate Banking and Branching Efficiency Act of 1994 ( IBBEA ) amended the laws governing federally chartered banks in order to restore the laws ' competitiveness with the recently relaxed laws governing state - chartered banks . The goal was the return to a balance between the benefits of a state bank charter versus a federal bank charter . Among other notable changes , the Act stipulated that a federally chartered bank wishing to expand must first undergo a review of its Community Reinvestment Act compliance . </P>
<P> The Riegle - Neal Interstate Banking and Branching Efficiency Act of 1994 ( IBBEA ) amended the laws governing federally chartered banks in order to restore the laws ' competitiveness with the recently relaxed laws governing state - chartered banks . The goal was the return to a balance between the benefits of a state bank charter versus a federal bank charter . Among other notable changes , the Act stipulated that a federally chartered bank wishing to expand must first undergo a review of its Community Reinvestment Act compliance . </P>
one result of the riegle-neal interstate banking and branching efficiency act was that
one result of the riegle-neal interstate banking and branching efficiency act was that
relaxed laws governing state - chartered banks
relaxed laws governing state - chartered banks