Expansion of Branch Banking

Archive Report


The right to reproduce material contained in Editorial Research Reports is strictly reserved to the newspaper clients of the service. Verbatim use of such material by others will be permitted only upon written authorization of the editor.

Richard M. Boeckel, Editor.

States' Rights Issue in Banking

Persistent reports, current for the last three months, that the administration will seek a wide expansion of branch banking privileges for national banks at the present session of Congress have not been confirmed to date by the introduction of an administration bill—and have been denied by Marriner S. Eccles, chairman of the Board of Governors of the Federal Reserve System. The reports have been accepted by independent bankers, however, as accurately reflecting the desires, if not the immediate purposes, of federal ...

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