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Unit Banking |
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Unit Banking A system of banking in which the government restricts or does not permit a bank to open branch offices. Unit banking systems encourage either small, independent banks or banks that are theoretically independent but are in fact owned by a bank holding company. In the United States, unit banking is largely confined to the Midwest and Southwest. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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