Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 333  /  Sec. 333.1 Classification of general character of business.

State nonmember insured banks are divided into five categories for the purpose of classifying their general character or type of business, \2\ viz: commercial banks, banks and trust companies, savings banks (including mutual and stock), industrial banks, and cash depositories.---------------------------------------------------------------------------

\2\ A bank's business may include two or more of the general classifications. [15 FR 8644, Dec. 6, 1950]