What makes a bank 'special?' The answer lies in our history;with the implementation of: The Glass-Steagal/Act which created three separate industries:commercial banking,investment banking, and insurance. The Bank Holding Act determined activities closely related to banking and limited the scope of activities a company could engage in if it owned a bank. The McFadden Act limited the geographic market of banking by allowing individual states to determine the extent to which a bank could branch intra-or inter- state. 的资5土号What makes a bank What makes a bank ‘special? special? ’ The answer lies in our history; with the implementation of: „ The Glass-Steagall Act which created three separate industries: commercial banking, investment banking, and insurance. „ The Bank Holding Act determined activities closely related to banking and limited the scope of activities a company could engage in if it owned a bank. „ The McFadden Act limited the geographic market of banking by allowing individual states to determine the extent to which a bank could branch intra- or inter￾state