After the First National Bank’s charter expired,

the government never chartered another national bank.
a Second National Bank was chartered immediately.
a Second National Bank was chartered a few years later.
the government created the Federal Reserve the next year.

This includes processing deposits, providing checking and savings accounts, and providing business loans, personal loans and mortgages. National banks offer a wide range of banking services that can include many of the services offered by state-owned banks.

National banks are state-approved financial institutions. You must also be a member of the Federal Reserve System. The US Treasury's Comptroller oversees the National Bank. At that time, it was completely owned by the government.

The purpose for which it was established was to help Kenyans access credit after independence and manage their economy. National Bank is a subsidiary of KCB Group Plc after a successful acquisition in 2019.

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After the First National Bank’s charter expired, the government never chartered another national bank.a Second National Bank was chartered immediately. a Second National Bank was chartered a few years later. the government created the Federal Reserve the next year.

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After the First National Bank’s charter expired,

the government never chartered another national bank.
a Second National Bank was chartered immediately.
a Second National Bank was chartered a few years later.
the government created the Federal Reserve the next year.