Calling the existing regional compact anticompetitive and bad for the economy, two Missouri banks said they will press lawmakers next spring to open the state to full interstate banking.

Executives at Mark Twain Bancshares and Southwest Bank, both in St. Louis, confirmed speculation they will push for legislation to replace the current eight-state pact with a law allowing Missouri banks to buy into, or be bought by banks in, any state that reciprocates.

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