The National Banking Act established a central reserve bank in which of the following cities? St. Louis New Orleans Philadelphia Washington D.C

The National Banking Act, passed in 1863 and 1864 during the American Civil War, established a system of national banks and a central reserve bank. The central reserve bank established by the National Banking Act was located in Washington D.C. The act aimed to create a stable, uniform national currency and to establish a system of national banks that would be responsible for issuing currency and holding government bonds. The central reserve bank, known as the Office of the Comptroller of the Currency, was established in Washington D.C. to oversee the national banks and ensure their compliance with the terms of the act.