Branch

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Branch

An operation in a foreign country incorporated in the home country.

Branch

1. An office or subsidiary of a company that exists and conducts operations in a country other than the one in which the company is headquartered. See also: MNC.

2. A semi-independent office of a bank. For example, a bank may have five branches in a city where account holders can make deposits and withdrawals and conduct other business at the place most convenient for them.
References in periodicals archive ?
Noting that the FSLIC was a separate entity from the FHLBB, the Service determined "[u]nder the facts of this case" that the assistance agreement between the FSLIC and the taxpayer did not grant or promise the branching rights.
As a result, Patelco is one of the top five of issuers on the network allowing its members to use any of the 2,200 shared branches within the shared branching network.
According to officials at UMassFive, adopting this shared branching network will allow them, as well as their members, to be part of an organization that prides itself in promoting the same cooperative principles that the credit union is built on.
I expect to see it expand in the next twelve months, as members become more familiar with the benefits of using shared branching.
authorities have correctly argued that a restriction against branching discourages the involvement of U.
Over the past five years, credit union shared branching has seen explosive growth in the United States," said FSCC CEO Sarah Canepa Bang.
Kenneth Williams, CEO of Infinity FCU, based in Westbrook, is excited about the expansion of shared branching in Maine.
Shared branching is helping us get our market share up and avoid a duplication of branch networks that is costly to our members.
A true one-stop shopping experience, in-store branching enables members to conduct daily banking activities, while shopping for groceries.