<P> The Riegle - Neal Interstate Banking and Branching Efficiency Act of 1994 (IBBEA) amended the laws governing federally chartered banks in order to restore the laws' competitiveness with the recently relaxed laws governing state - chartered banks . The goal was the return to a balance between the benefits of a state bank charter versus a federal bank charter . Among other notable changes, the Act stipulated that a federally chartered bank wishing to expand must first undergo a review of its Community Reinvestment Act compliance . </P> <Table> <Tr> <Td> </Td> <Td> This section is a candidate to be copied to Wikisource . If the section can be edited into encyclopedic content, rather than merely a copy of the source text, please do so and remove this message . Otherwise, you can help by formatting it per the Wikisource guidelines in preparation for the duplication . </Td> </Tr> </Table>

One result of the riegle-neal interstate banking and branching efficiency act was that