12 C.F.R. § 333.1

Current through April 30, 2024
Section 333.1 - Classification of general character of business

State nonmember insured banks are divided into five categories for the purpose of classifying their general character or type of business, viz: commercial banks, banks and trust companies, savings banks (including mutual and stock), industrial banks, and cash depositories.

A bank's business may include two or more of the general classifications.

12 C.F.R. §333.1

15 FR 8644, Dec. 6, 1950