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Related Definitions
Savings banks Depositor-owned, bank like institutions chartered by individual states and almost identical to savings and loans in operation. They began in
Unit banks Unit banks is the banks that offer the full range of their services from one office, though a small number of services (such as taking deposits
Retail banks Retail banks is the smaller-denomination loans extended to individuals and families as well as to smaller businesses.
Merchant banks Merchant banks is banks that provide not only all the consumer and commercial services a regular bank provides but also offer credit,
Affiliated banks Affiliated banks is the banks whose stock has been acquired by a bank holding company.
Banker’s banks Banker’s banks is the regional service firms, often created as joint ventures by groups of banks in order to facilitate the delivery of
State banks State banks is the state-chartered banks.
Superregional banks Superregional banks is the Bank holding companies similar in size to money center banks, but whose headquarters are not based in one of the money center cities (New York, Chicago, and San Francisco).
Money center banks Money center banks is the large banks in key financial centers (New York, Chicago, San Francisco).
National banks National banks is the Federally chartered banks.
Definition