BANK HOLDING COMPANY

BANK HOLDING COMPANY

BANK HOLDING COMPANY

A company that owns or controls one or more banks. The Federal Reserve has responsibility for regulating and supervising bank holding company activities, such as approving acquisitions and mergers and inspecting the operations of such companies. This authority applies even though a bank owned by a holding company may be under the primary supervision of the Comptroller of the Currency or the FDIC.

« Back to Glossary Index

CONTACT US FOR YOURLOW RATE QUOTE

  • captcha

connect with us

SUBSCRIBE newsletter

Translate »