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.
UMB Financial Corporation (NASDAQ: UMBF), a Kansas City-based multi-bank holding company, will host a conference call to discuss the company's third quarter results on October 25, 2006, at 4 p.
UMB Financial Corporation (NASDAQ: UMBF) is a multi-bank holding company headquartered in Kansas City, Mo.
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