4. Of the following Federal regulators, which can issue a charter to engage in commercial banking in the U.S.?

A. FDIC B. Federal Reserve C. Comptroller of the Currency D. NCUA E. Three or four of the above.

5. A corporation that owns one or more other subsidiary corporations under regulation of the Federal Reserve System is called a ________.

A. correspondent bank B. bank holding company C. money center bank D. community bank E. Federal Reserve Bank

6. The U.S. banking system is often referred to as a ____________________ banking system, because there are two governmental levels providing bank charters.

A. tiered B. federal C. community D. regional E. dual