One result of the Reigel-Neal Interstate Banking and Branching Efficiency Act was that:

Question

Quizplus · Accepted Answer

The Reigel-Neal Interstate Banking and Branching Efficiency Act allowed banks to establish branches across state lines, increasing geographical reach and potentially leading to greater efficiency in the banking system. Therefore, banking system efficiency increased, and option C is correct. Option B is incorrect because the act allowed banks to become more geographically diversified. Option A and D are also incorrect, as there is no evidence that the act decreased banking system efficiency or resulted in banks becoming less geographically diversified.

One Result of the Reigel-Neal Interstate Banking and Branching Efficiency