3-1. Describe the typical organization of both a smaller, community oriented bank and a large, money-center bank? What does each major division or administrative unit within the banking organization do?

3-2. What are unit banks?

3-3. What advantages might a unit bank have over banks of other organizational types? What disadvantages?

3-4. What is a branch banking organization?

3-5. What trend in branch banking has been prominent in the United States in recent years?

3-6. What is a bank holding company?

3-7. What nonbank businesses are bank holding companies permitted to acquire under the law?

3-9. What did the Riegle-Neal Interstate Banking Act do? Why was it passed into law?

3-10. What are the advantages of having a national bank charter? A state bank charter?

3-11. What factors are often considered in evaluating possible sites for new branch offices?

3-12. What are POS terminals and where are they usually located?

3-13. What services do ATMs provide? What are the principal limitations of ATMs as a service provider? Should ATM carry fees? Why?

3-14. Why is the creation (chartering) of new banks closely regulated? What about nonbank financial firms?

3-15. What key role does the FDIC play in the chartering process?