One way that a bank could offer non-bank services across more than one state was to:

Question

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Creating a bank holding company allows the bank to offer non-bank services across state lines by operating subsidiaries in different states. This structure enables the bank to separate its banking activities from its non-banking activities and ensures regulatory compliance in each state where it operates. A foreign bank charter may allow a bank to operate in a foreign country, but it does not address the issue of offering non-bank services across different states within the United States. A federally chartered bank may have greater regulatory oversight and more flexibility in merging with other banks, but it does not necessarily solve the problem of offering non-bank services across state lines. Becoming a central bank implies a different role and function, as central banks typically serve as the issuer of currency, lender of last resort, and regulator of monetary policy.

One Way That a Bank Could Offer Non-Bank Services Across