- Types:
- show 14 types...
- hide 14 types...
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credit union
a cooperative depository financial institution whose members can obtain loans from their combined savings
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Federal Reserve Bank, reserve bank
one of 12 regional banks that monitor and act as depositories for banks in their region
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agent bank
a bank that acts as an agent for a foreign bank
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commercial bank, full service bank
a financial institution that accepts demand deposits and makes loans and provides other services for the public
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state bank
a bank chartered by a state rather than by the federal government
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agent bank, lead bank
a bank named by a lending syndicate of several banks to protect their interests
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member bank
a bank that is a member of the Federal Reserve System
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acquirer, merchant bank
a credit card processing bank; merchants receive credit for credit card receipts less a processing fee
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acquirer
a corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock
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thrift institution
a depository financial institution intended to encourage personal savings and home buying
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Home Loan Bank
one of 11 regional banks that monitor and make short-term credit advances to thrift institutions in their region
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national bank
a commercial bank chartered by the federal government
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savings and loan, savings and loan association
a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
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savings bank
a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
