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Definition of 'Dual Banking System'
The system of banking that exists in the United States in which state banks and national banks are chartered and supervised at different levels. Under the dual banking system, national banks are chartered and regulated under federal law and standards, and supervised by a federal agency. State banks are chartered and regulated under state laws and standards, which includes supervision by a state supervisor.
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Investopedia explains 'Dual Banking System'
The dual banking system allows for the co-existance of two different regulatory structures for state and national banks. This translates into differences in how credit is regulated, the legal lending limits and variations of regulations from state to state.
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Search results for 'Dual Banking System'
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http://www.investopedia.com/articles/economics/10/shadow-banking-system.asp
... shadow banking system enabled such a system to flourish because many of these economic
anomalies remained hidden in the unregulated market. So with the dual ...
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http://stocks.investopedia.com/stock-analysis/2010/Was-It-Really-A-Bailout-HIG-DFS-MS-GS0323.aspx
... Hartford Financial is conducting a dual offering of equity and debt to assist in
the ... the costs of this program aren't even related to the banking system at all ...
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http://financialedge.investopedia.com/financial-edge/0609/On-This-Day-In-Finance-June-26---Federal-Credit-Union-Act-Signed.aspx
... of this act created the federal credit union system and the ... to be chartered under
state or federal law, called dual chartering. ... (For more on banking, check out ...
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http://financialedge.investopedia.com/financial-edge/0911/6-Must-Have-Features-For-The-iPhone-5.aspx
... Faster Processor and Upgraded Operating System The iPad 2 sports the A5 dual-core
chip, so it's possible the same processor (or something similar) will appear ...
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