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.
Bancorp recognised as Fortune's 'Most Admired Superregional Bank'
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.
Bancorp was named one of the Most Ethical Companies in the World by the Ethisphere Institute, and for the sixth year in a row, the number one Superregional bank by FORTUNE magazine.
Bancorp the most admired superregional bank today, the sixth consecutive year that it has topped the list.
As such, they presumably combine the benefits of maintaining close personal service with the borrowing clout and leverage of a superregional bank. Unlike single community banks, they are full-service banks through the holding company, but maintain separate local bank presidents and boards of directors and thus local control.
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.
A list specifically composed of superregional banks with 1 billion or more in assets was generated and a number assigned to each.
In out previous surveys, superregional banks also had the highest customer penetration.
(LAZ904) SUPERREGIONAL BANKS: JENNIFER THOMPSON - PUTNAM LOVELL SECURITIES INC.