12. This Act set up a system so that new banks could choose to be chartered at the national level rather than the state level a) The McFadden Act of 1927 b) The Glass-Steagall Act of 1933 c) The Financial Services Modernization Act of 1999 d) National Banking Act of 1863 e) The Federal Reserve Act of 1913 13. All nationally chartered commercial banks were required to become members of the Federal Reserve System as a part of this Act a) The McFadden Act of 1927 b) The Glass-Steagall Act of 1933 c) The Financial Services Modernization Act of 1999 d) National Banking Act of 1863 e) The Federal Reserve Act of 1913 14. Lending on residential housing was concentrated in the Savings and 10 in indostry as a part of this Act a) The Financial Services Modernization Act of 1999 b) The Glass-Steagall Act of 1933 c) National Banking Act of 1863 d) The McFadden Act of 1927 e) The Federal Reserve Act of 1913 15. This Act stopped all banks from opening branches in states other than where the home office was located a) The McFadden Act of 1927 b) The Glass-Steagall Act of 1933 c) The Financial Services Modernization Act of 1999 d) National Banking Act of 1863 e) The Federal Reserve Act of 1913 16. The FDIC was formed as part of this Act in order to restore confidence in the U.S. banking industry a) The Federal Reserve Act of 1913 b) The McFadden Act of 1927 c) The Financial Services Modernization Act of 1999 d) National Banking Act of 1863 e) The Glass-Steagall Act of 1933