national bank
Government-backed institution
A national bank is a commercial bank chartered and regulated by the federal government rather than by an individual state.
In the United States, national banks operate under federal oversight and typically include "National" or "N.A." (National Association) in their names.
The term can also refer to a country's central bank—the institution that manages monetary policy and currency: The national bank raised interest rates to combat inflation.
- financial institutionCompany managing money services
- charterFounding organizational document
- brick and mortarBusiness with premises
- loansBorrowed money arrangements
- federal fundingMoney allocated by central government
payment processing · Alexander Hamilton · monetary policy · money supply · deposits · interest rates · government oversight · inflation control · financial regulations · mortgages · wire transfer · savings accounts · checking account · FDIC · too big to fail · federal · auditing · savings
- Economic Bodieseconomic council, finance ministry, treasury department, budget office, commerce department
- George Washingtonfirst president, Mount Vernon, founding father, Continental Army, crossing the Delaware
- Early RepublicGeorge Washington, Founding Fathers, Thomas Jefferson, John Adams, Constitutional Convention
- Jacksonian EraAndrew Jackson, Democratic Party, spoils system, Indian Removal Act, Trail of Tears
- nationalized sectorsrailways, postal service, public utilities, state monopolies, electricity grid
- public enterprisespublic utility, public utilities, public services, public transit, postal service
national banklocal bank
Nearby financial institution
community bank · regional bank · private bank · credit union · savings and loan
national bankcredit union
Member-owned financial cooperative
cooperative bank · savings and loan · building society · payday lender · loan shark