Wealth Effect of Geographical Deregulation: The Case of Illinois
Law and Economics
Urban, Rural, Regional, Real Estate, and Transportation Economics
Financial Economics
In 1981, bank holding companies in
Illinois were granted the legal authority to operate
more than one full-service banking office
through the acquisition of additional banks.
Thus, although a single bank is limited to one
full-service office, a bank holding company
(BHC) could establish a network of such offices
in specific regions in the state.
