Code of Federal Regulations · Section

§ 333.1 — Classification Of General Character Of Business

12 C.F.R. § 333.1

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State nonmember insured banks are divided into five categories for the purpose of classifying their general character or type of business,

2 viz: commercial banks, banks and trust companies, savings banks (including mutual and stock), industrial banks, and cash depositories.

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

Authorizing Statute