answersLogoWhite

0


Best Answer

This category includes commercial banks and trust companies (accepting deposits) chartered by one of the states or territories.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What groups are part of state commercial banks?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What groups are part of national commercial banks?

This classification includes commercial bank and trust companies (accepting deposits) chartered under the National Bank Act.


What groups are part of the Central Reserve Depository Institutions?

This classification includes central reserve depository institutions, other than federal reserve banks, primarily engaged in providing credit to and holding deposits and reserves for their member commercial banks, thrift and loan.


Which types of financial institutions are probably the most important part of your financial system because of their large area of influence?

commercial banks


Where can one find a commercial mortgage broker?

Commercial mortgage brokers help to negotiate with banks or building societies to obtain the best possible interest rates for one's mortgage. They can be found as part of commercial mortgage broker companies such as Empire Commercial Finance.


List of banks owned by the government?

In the United States, it is not legal for the government to own commercial banks. If a bank is taken over for insolvency, it is the Federal Reserve that receives it. The Federal Reserve is a private agency and not part of the government.


Coins held in commercial banks are?

You are talking about money coins. but there are artificial coins also like challenge coins. Do you know about this?


What was not part of Andrew Jackson's motivation for opposing the bank of the US?

He thought state banks would do a better job of stabilizing the economy. Apex sucka=P He believed that state banks were better managed than the Bank of the United States.


What is the difference between Merchant bank and commercial bank?

The world of banking and finance is one of many intricacies. Many types of financial institutions exist, including commercial banking and merchant banking. The difference between commercial banking and merchant banking lies mainly in the services they provide, and to whom they are provided. Commercial banking is generally accessible to anyone for basic banking needs, whereas merchant banks serve mainly large companies and very wealthy individuals. Commercial banks are what people typically refer to as "banks." A commercial bank can provide loans to individuals and small businesses. It raises funds by collecting deposits from these same groups of people, as well as from interest charged on loans. It also purchases bonds from governments and corporate entities. The banks described above are the most common definition of commercial banks. Commercial banking is also sometimes defined as the provision of banking services such as checking and loans to large businesses, as distinguished from individual citizens. In this case, banking provided to individuals is referred to as retail banking to differentiate it from the second definition of commercial banking. Commercial banking and merchant banking both involve the provision of financial services and advice. Merchant banking, however, often focuses on investing a depositor's assets in a finance portfolio and managing these investments. Merchant banks are commonly called investment banks in the United States. Apart from investing and managing the assets of wealthy clients, merchant banks also offer counsel and advice to large corporations. This advice is particularly useful when a corporation is considering getting involved in a merger with, or acquisition of, another corporation. Both commercial banking and merchant banking have roots that go back hundreds of years, if not more. Merchant banks were actually the original banks, and were invented in the Middle Ages by Italian grain merchants. These merchants, as well as Jewish traders fleeing persecution in Spain, used merchant banking to finance long trading journeys as well as the production of grain. The use of commercial banks by the average citizen is a relatively new phenomenon, historically speaking, but moneylenders have engaged in basic banking practices since the time of ancient Roman Empire. Primitive banking, though, mainly consisted of changing foreign currency to that of the Empire, rather than investment as we see today. Today's commercial banks are so common that more people work in the commercial banking sector than in any other part of the financial services industry.


Difference between merchant bank and commercial bank?

The world of banking and finance is one of many intricacies. Many types of financial institutions exist, including commercial banking and merchant banking. The difference between commercial banking and merchant banking lies mainly in the services they provide, and to whom they are provided. Commercial banking is generally accessible to anyone for basic banking needs, whereas merchant banks serve mainly large companies and very wealthy individuals. Commercial banks are what people typically refer to as “banks.” A commercial bank can provide loans to individuals and small businesses. It raises funds by collecting deposits from these same groups of people, as well as from interest charged on loans. It also purchases bonds from governments and corporate entities. The banks described above are the most common definition of commercial banks. Commercial banking is also sometimes defined as the provision of banking services such as checking and loans to large businesses, as distinguished from individual citizens. In this case, banking provided to individuals is referred to as retail banking to differentiate it from the second definition of commercial banking. Commercial banking and merchant banking both involve the provision of financial services and advice. Merchant banking, however, often focuses on investing a depositor’s assets in a finance portfolio and managing these investments. Merchant banks are commonly called investment banks in the United States. Apart from investing and managing the assets of wealthy clients, merchant banks also offer counsel and advice to large corporations. This advice is particularly useful when a corporation is considering getting involved in a merger with, or acquisition of, another corporation. Both commercial banking and merchant banking have roots that go back hundreds of years, if not more. Merchant banks were actually the original banks, and were invented in the Middle Ages by Italian grain merchants. These merchants, as well as Jewish traders fleeing persecution in Spain, used merchant banking to finance long trading journeys as well as the production of grain. The use of commercial banks by the average citizen is a relatively new phenomenon, historically speaking, but moneylenders have engaged in basic banking practices since the time of ancient Roman Empire. Primitive banking, though, mainly consisted of changing foreign currency to that of the Empire, rather than investment as we see today. Today's commercial banks are so common that more people work in the commercial banking sector than in any other part of the financial services industry.


The part of a river's that is underwater when the river overflows its banks is called?

The part of a river that is underwater when the river overflows its banks is called the flood plain.


Could people who do not have gmail be part of Google groups?

No, they cannot be a part of it. People who are not a part of Gmail cannot be a part of Google groups. It is the copyright of Gmail to be a part of it.


What is Law 9?

It part of the New Jersey state statutes implementing the Uniform Commercial Code.You can read it for yourself here:http://tinyurl.com/d92ona