Financial Institution Types

National Bank, Non-Member Bank, State-Member Bank is an example of.....

• Commercial Banks

• Cooperative Banks

• Credit Unions

A company that controls more than one U.S Bank. Possibly own another bank holding company.

• Industrial Bank

• Bank Holding Company

• Savings and Loan Association

A financial cooperative association organized for the purpose of promoting thrift among its members and creating a source of credit for provident or productive purposes.

• Cooperative Bank

• Credit Union

• Farm Credit System Institutions

An Agreement corporation is chartered by a state to engage in international banking; so named because the corporation enters into an agreement with the Federal Reserve Board that will limit its activities to those permitted.

• Financial Holding Company

• Edge/Agreement Corporations

• Insurance Company Broker

An organization that primarily accepts savings account deposits and invests most of the proceeds in mortgages. Savings banks, savings and loan associations, and credit unions are examples of thrift institutions.

• Non Member Bank

• State Member Bank

• Thrifts

A commercial bank whose charter is approved by the Office of the Comptroller of the Currency (OCC) rather than by a state banking agency. National banks are required to be members of the Federal Reserve System and belong to the Federal Deposit Insurance Corporation.

• Investment Bank/Company

• National Bank

• U.S. Bank

Entities primarily engaged in providing infrastructure for hosting or data processing services. These establishments may provide specialized hosting activities, such as web hosting, streaming services or application hosting, provide application service provisioning, or may provide general time-share mainframe facilities to clients. Data processing establishments provide complete processing and specialized reports from data supplied by clients or provide automated data processing and data entry services.

• Domestic Entity Other

• Data Processing Servicer

• Finance Company

Insured Federal Branch, Insured State Branch, Uninsured Federal Agency is an example of .....

• Securities Brokers

• Domestic Branch

• U.S. Branches and Agencies of Foreign Banking Organizations

Federal Savings Bank and State Savings Bank is an example of....

• Savings and Loan Associations

• Savings Bank

• Securities Brokers

Accepts and executes trusts, but does not issue currency. Can either be Federal Reserve members or Non-Members.

• Savings and Loan Holding Companies

• Intermediate Holding Companies

• Non-Depository Trust Companies