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In the United States, a national bank is an ordinary private bank operating within the federal government's regulatory structure, which usually but not always operates in multiple U.S. states, [1] and is under the supervision of the Office of the Comptroller of the Currency. [2]
National bank (United States), a bank operating within the federal government's regulatory structure, including a list of U.S. banks with "National Bank" in their name National Banks in Meiji Japan , a system of organization of the Japanese banking system created in the 1870s
The National Bank Act of 1863, also known as the National Currency Act of 1863, was passed on February 25, 1863, and was the first attempt to establish a federal banking system after the failures of the First and Second Banks of the United States, and served as the predecessor to the Federal Reserve Act of 1913.
A national bank is a bank that is nationally or federally chartered and is allowed to operate throughout the country in any state. An advantage of holding a National Bank Act charter is that a national bank is not subject to state usury laws intended to prevent predatory lending. [16] (However, see also Cuomo v.
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. [1]
The First Bank of the United States was established in Philadelphia, Pennsylvania, while the city served as the national capital, from 1790 to 1800. The bank began operations in Carpenters' Hall in 1791, some 200 feet from its permanent home. Branches opened in Boston, New York, Charleston, and Baltimore in 1792, followed by branches in Norfolk ...
A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country.
Supporters of the bank argued that if the nation were to grow and to prosper, it needed a universally accepted standard coinage and this would best be provided by a United States Mint, aided and supported by a national bank and an excise tax. Opponents of the bank argued that government monopolization of money was a corrupt exercise that would ...