What advantage did state banks retain following the National Banking Acts of 1863 and 1864?(1 point)
Responses
State banks could lend a larger percentage of depositor funds.
State banks could lend a larger percentage of depositor funds.
State banks faced lower taxes than national banks.
State banks faced lower taxes than national banks.
State banks continued to issue the national currency.
State banks continued to issue the national currency.
State banks continued to enjoy uniform policy across state lines.
State banks continued to enjoy uniform policy across state lines.
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1 answer
State banks could lend a larger percentage of depositor funds.