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4.7
16 reviewsPresents the history of branch banking under state banking laws during the early years of American banking and explains the almost complete disappearance of branch banking following the Civil War and inauguration of the nation banking system, the revival of branch banking principally within the limits of a few large cities following the panic of 1893, the branch banking development in California following the state's passage of the Bank Act of 1909, the movement growing from an effort to remedy the numerous bank failures of the 1920s, and the agitation that culminated in the curtailed authorization for branch banking by national banks in the Banking Act of 1933.