Which of the following statements regarding the Interstate Banking and Branching Act (IBBEA) of 1994 is false?
A) It eliminates virtually all restrictions on interstate bank mergers.
B) It makes interstate branching possible.
C) It effectively repealed the McFadden Act of 1927.
D) It allows banks to use a branch to generate deposits without considering the implications of the Community Reinvestment Act.
Correct Answer:
Verified
Q16: Which act virtually eliminated the geographic restrictions
Q17: Which act imposed risk-based insurance premiums?
A)The Basel
Q18: Which of the following statements about the
Q19: The _, passed in 1977, attempts to
Q20: The _, passed in 1994, eliminated most
Q22: Which of the following insures deposits in
Q23: Which of the following insures deposits in
Q24: Which of the following was set up
Q25: Which of the following was set up
Q26: Financial options are regulated by which government
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