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  2. Banking in the United States - Wikipedia

    en.wikipedia.org/wiki/Banking_in_the_United_States

    Although historically state banks could only operate within the state where it was chartered, this distinction slowly eroded. In 2010, this distinction was eliminated with the passage of the Dodd-Frank Act. Now state chartered banks may operate branches in any other state. [18] A state chartered bank cannot have "National" or "Federal" in its name.

  3. List of nationalizations by country - Wikipedia

    en.wikipedia.org/wiki/List_of_nationalizations...

    1971 The State Bank of Bangladesh was founded by nationalization of the private shares in the eastern section of the State Bank of Pakistan. [4] 1972-1974 Through this three years period after independence of Bangladesh in 1971, the government had taken over 786 industrial undertakings. Included in this number, the government nationalized 245 ...

  4. Nationalization - Wikipedia

    en.wikipedia.org/wiki/Nationalization

    A 2020 poll shows that a majority (63%) of Americans support a nationalized healthcare system. [5] A re-nationalization occurs when state-owned assets are privatized and later nationalized again, often when a different political party or faction is in power. A re-nationalization process may also be called "reverse privatization".

  5. History of banking in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_banking_in_the...

    In 1791, Congress chartered the First Bank of the United States.The bank, which was jointly owned by the federal government and private stockholders, was a nationwide commercial bank which served as the bank for the federal government and operated as a regular commercial bank acting in competition with state banks.

  6. Why does the US have so many banks? Thank Thomas Jefferson. - AOL

    www.aol.com/finance/why-does-us-many-banks...

    The number of banks multiplied as the country expanded, reaching more than 10,000 in 1900 and peaking at more than 30,000 in 1921, according to figures compiled by the Federal Reserve Bank of St ...

  7. Here’s Why 1 in 5 Americans Are Considering Switching Banks

    www.aol.com/why-1-5-americans-considering...

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  8. The 10 Worst Banks in America: Banks with the Lowest Ratings

    www.aol.com/finance/10-worst-banks-america-banks...

    Name. 1-Star Reviews Nationwide. Total Assets. Bank of America. 2,256. $3.2 trillion. Assessment. Credit One Bank. 2,168. $878 million. Assessment. Wells Fargo. 2,019

  9. History of central banking in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_central_banking...

    As described by Gresham's law, soon bad money from state banks drove out the new, good money; [citation needed] the government imposed a 10% tax on state bank bills, forcing most banks to convert to national banks. By 1865, there were already 1,500 national banks. In 1870, 1,638 national banks stood against only 325 state banks.