Interstate branch banking debuts in June

Interstate branch banking is coming, offering both challenge and opportunity for banks along the Northern Front Range of Colorado and Wyoming.But don’t look for a new national branch bank on every corner – at least not right away. And above all, don’t look for the demise of smaller community banks that specialize in customer service.

When the landmark federal Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 takes effect next June 1, individual banks will be allowed to establish branches in other states without having to form a holding company or maintain separate capital and boards of directors.

So …