What are the advantages of having a dual banking system? (Select all that apply.)
O Federal-ch...
Business, 23.03.2020 22:14 djennings8055
What are the advantages of having a dual banking system? (Select all that apply.)
O Federal-chartered bank examination fees are lower than state-chartered fees.
State banks are allowed to act as testing facilities for innovation and change.
Federal regulators have greater familiarity with their member banks.
It promotes competition and helps combat unfair and deceptive practices.
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