Banking system by AMANDA HOLT https://padlet.com/holtam18/2khaefgtvikd en-us 2018-03-16 18:42:49 UTC 2025-12-05 04:11:48 UTC hello@padlet.com National bank holtam18 https://padlet.com/holtam18/2khaefgtvikd/wish/242974579 Definition: a commercial bank that is chartered under the federal government and is a member of the Federal Reserve System. 
advantage: The increasing demand of this new technology among the customer for better service and security. 
Disadvantage:In rural areas banks have been facing challenges to meet customer requirement in terms of technology and culture. ]]> 2018-03-16 18:46:13 UTC https://padlet.com/holtam18/2khaefgtvikd/wish/242974579 State bank holtam18 https://padlet.com/holtam18/2khaefgtvikd/wish/242980800 Definition: a bank chartered by a state and operated under the banking laws of that state. 
Advantage: State charter banks are able to provide higher levels of consumer protection and consumer assistance to those that reside within the state of their operations.
Disadvantage: Depends of the size of your business 


]]> 2018-03-16 19:00:53 UTC https://padlet.com/holtam18/2khaefgtvikd/wish/242980800 gold standard holtam18 https://padlet.com/holtam18/2khaefgtvikd/wish/243712332 definition: the system by which the value of a currency was defined in terms of gold, for which the currency could be exchanged.
Advantage:  it limits the power of governments or banks to cause price inflation by excessive issue of paper currency
disadvantage: it may not provide sufficient flexibility in the supply of money, because the supply of newly mined gold is not closely related to the growing needs of the world economy for a commensurate supply of money]]> 2018-03-19 18:55:54 UTC https://padlet.com/holtam18/2khaefgtvikd/wish/243712332