Superregional Bank

Superregional Bank

1. A bank holding company with banks operating in at least two U.S. states.

2. A bank operating in all regions of the United States.
References in periodicals archive ?
Bank the most admired superregional bank for the eighth consecutive year.
Fortune magazine named US Bancorp the world's most admired superregional bank today, the seventh consecutive year that it has topped the list, the company said.
The 25 largest banks (in terms of average assets) were purged from the list to comply with the definition of a superregional bank provided by the FDIC (Gratton, 2004).
This recognition as Fortune's most admired superregional bank confirms we are doing the right thing for our customers, shareholders, employees and communities.
Before becoming a member of the Board, Governor LaWare served as chairman and as a director of Shawmut National Corporation, a superregional bank holding company in New England.
As such, they presumably combine the benefits of maintaining close personal service with the borrowing clout and leverage of a superregional bank.
Nationally, decreases in the number of banking organizations and dramatic increases in concentration have occurred principally due to the growth of very large regional and superregional bank holding companies, often through merger or acquisition.