National Bank Act | Wikipedia audio article
Channel: wikipedia tts
Date: 18/12/2018

This is an audio version of the Wikipedia Article:
National Bank Act


00:00:34 1 Background
00:05:03 2 National Bank Acts
00:05:13 2.1 National Bank Act of 1863
00:06:14 2.2 National Bank Act of 1864
00:06:41 2.3 National Bank Act of 1865–66
00:08:55 3 Resurgence of state banks
00:11:27 4 Legacy
00:12:20 5 See also
00:12:37 6 Notes
00:12:45 7 External links



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SUMMARY
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The National Banking Acts of 1863 and 1864 were two United States federal banking acts that established a system of national banks, and created the United States National Banking System. They encouraged development of a national currency backed by bank holdings of U.S. Treasury securities and established the Office of the Comptroller of the Currency as part of the United States Department of the Treasury and a system of nationally chartered banks. The Act shaped today's national banking system and its support of a uniform U.S. banking policy.