Which act led to the creation of U.S. Bancorp's original charter?
Dodd-Frank Act
Glass-Steagall Act
National Bank Act
Bank Holding Company Act
Answer
U.S. Bancorp operates under the second-oldest continuous national charter, which was granted in 1863 following the passage of the National Bank Act. This act established a system of national banks and aimed to create a national currency.
U.S. Bancorp Quiz: How Much Do You Really Know About U.S. Bancorp?