regional banks
Neighborhood financial institutions
Regional banks are financial institutions that operate within a specific geographic area—typically a state or cluster of neighboring states—rather than nationwide.
They occupy the middle ground between small community banks and massive national banks like JPMorgan Chase or Bank of America.
Regional banks often emphasize local business lending and personal relationships: The regional banks took a hit when commercial real estate values dropped.
They became a focus of financial news in 2023 when several failed in quick succession.
- checking accountsAccessible bank funds
- mortgagesLoans secured by property
- savings accountsInterest-bearing bank deposits
- FDIC insuredDeposits protected by government
- Main StreetTown's central thoroughfare
small town · building societies · small business loans · loan officer · brick and mortar · holding companies · personal loans · trust companies · agricultural loans · loans · savings banks · commercial banks · municipal bonds · housing loans · deposits · ATM · shareholders · hometown
- bankingbanks, ATM, ATMs, account, accounts
- financeCFO, banks, controller, finance, treasurer
- US bankingFDIC, Fed, national banks, Federal Reserve, Glass-Steagall
- Global Aidaid, humanitarian aid, foreign aid, disaster relief, relief work
- lenderslenders, banks, mortgage lenders, commercial banks, savings banks
- local financecouncil tax, community banks, budgets, state bonds, county budget
regional banksmultinational banks
Financial institutions across countries
megabanks · national banks · JPMorgan Chase · Bank of America · Citibank