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Regional Bank

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Regional bank
A bank operating in a specific region of the country, taking deposits and offering loans.

Regional Bank
A bank that only operates in one state or province, or in only a few neighboring states or provinces. A regional bank differs from a money center bank, which has a national and/or global presence. Regional banks usually specialize in retail banking, making loans and taking deposits. See also: Thrift, Regional exchange.


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TOKYO, May 29 Kyodo Japan's 109 regional banks incurred unconsolidated net losses of 413.
Simultaneously, the company changed its name to Regional Bank and will now be regulated by the State of Indiana's Department of Financial Institutions and the Federal Deposit Insurance Corporation.
TOKYO, May 12 Kyodo Kirayaka Bank, a Yamagata-based regional bank, plans to apply to the Financial Services Agency for 20 billion to 30 billion yen in public funds, sources close to the matter said Tuesday.
 
 
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