Multibank Holding Company

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Multibank Holding Company

A company that is the majority shareholder in at least two banks. A multibank holding company controls the operations of the banks it owns. Multibank holding companies have access to liquidity from regulators through the loans made to the banks themselves. In the United States, all bank holding companies must register with the Federal Reserve and are subject to its regulation, though they may also be responsible to other regulators as well.
References in periodicals archive ?
UMB Financial Corporation is a multi-bank holding company headquartered in Kansas City, Mo.
a multi-bank holding company headquartered in Wheeling, West Virginia (NASDAQ: WSBC), and First Fidelity Bancorp, Inc.
NASDAQ: WSBC), a multi-bank holding company headquartered in Wheeling, West Virginia, and First Fidelity Bancorp, Inc.
NASDAQ-NMS: VALY) -- California's largest multi-bank holding company headquartered in the San Joaquin Valley -- today announced the closing of its merger with Pacific Bancorporation (PABC) effective Nov.
NASDAQ-NMS: VALY) -- California's largest independent multi-bank holding company headquartered in the San Joaquin Valley -- today announced the company has received approval from the Federal Reserve to complete its merger with Pacific Bancorporation.
9 billion multi-bank holding company for New York Community Bank and New York Commercial Bank, today announced that the integration of its commercial bank data processing systems has been successfully completed.
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