The 1980 Depository Institutions Deregulation and Monetary Control Act (DIDMCA) provided for the gradual elimination of interstate restrictions on bank branching powers.

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The 1980 Depository Institutions Deregulation and Monetary Control Act (DIDMCA) primarily aimed to deregulate interest rates that banks could offer and required all banks to adhere to the Federal Reserve's rules, but it did not address the elimination of interstate restrictions on bank branching powers. This aspect was addressed by the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994.