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federally chartered banks |
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federally chartered banks Financial institutions authorized and regulated by the federal government rather than the state government.They have the word “national”in their name, or the initials “N.A.” at the end. Supervision is by the Office of the Comptroller of the Currency (OCC) at www.occ.treas.gov. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Who regulates state chartered and federally chartered banks and/or financial institutions? The FDIC is an independent agency charged with guaranteeing the safety of customer deposits in federally chartered banks. (D-Illinois) is proposing an amendment to exempt federally chartered banks and credit unions from additional state regulations. |
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