The National Banking System under the Bank Act of 1863 created a banking system comprised?of a mixture of

Question

Quizplus · Accepted Answer

The National Banking System established by the Bank Act of 1863 allowed for a mixture of banking institutions, including those operating under special state charters, nonchartered private banks, and free banks, thus incorporating a diverse range of banking models within the national framework.

The National Banking System Under the Bank Act of 1863