The 170 banks operating 13,000 out-of-state branches are about to be required to lend at least half as much as their local competitors.

Though this was mandated by the 1994 Riegle-Neal interstate branching law, industry critics contended that Congress left federal regulators ill equipped to fairly assess compliance.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.