Branch Bank

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Branch Bank

A semi-independent office of a bank. For example, a bank may have five branches in a city where account holders can make deposits and withdrawals and conduct other business at the place most convenient for them. Many banks maintain branches in other states. This was permitted for the first time since the 1920s by the Riegle-Neal Act of 1994. See also: McFadden Act.
References in periodicals archive ?
The first four years of the Depression are used because this is the most recent period in the United States where both unit and branch banks existed, large numbers of banks failed, and the debate over branching features prominently in the literature on this period.
Branch banks are found to be less likely to survive and to survive for shorter periods of time.
Proliferation aside, supermarket branch banks present tempting robbery targets because their tellers tend to have more money in their cash drawers than tellers at traditional branches, says Bill Rebder, a security consultant and former head of bank robbery investigations with the FBI's Los Angeles field office.
Respondents said they planned to add 358 in-store branch banks in 1999 and 798 within two years.
b) has been continuously engaged in the banking business in the same county for at least five years, may sell that branch bank to any other Georgia bank, provided all parent banks, branch banks, bank offices, bank facilities and any other banking subsidiaries owned by the selling bank and/or its holding company, and located in the county where the previously chartered bank is located, are included in the sale.
Any parent bank located in a Georgia county having a population of 400,000 or more may establish branch banks (as provided by law) within any adjacent county having a population of 400,000 or more.
Verint's Video Solution enables Wells Fargo to network and collect video from multiple areas of their branch banks, including tellers, cash rooms, drive-up windows and ATMs.
13 /PRNewswire/ -- First Federal Savings Bank has agreed to sell its branch banks in Loveland and Greeley to FirstBank of Ft.
The joint venture will operate ATM-based branch banks using BSI2000's Transact 2000(TM) system.
Greene County Bank is headquartered in Greeneville, Tennessee and is the largest community bank in Tennessee, with 26 branch banks in twelve east Tennessee counties and one branch bank in western North Carolina and $781.
To meet these needs, branch banks don't always require the extensive LAN and wide-area network (WAN) support provided by a 2500 series multiprotocol router.
1, 1995--TSB Bank, the sixth largest bank in the United Kingdom, has awarded Unisys Corporation a $23 million contract to maintain multivendor desktop and networking equipment at some 1,100 TSB branch banks across the U.

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