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In addition, state banks that are members of the Federal Reserve are regulated by the Federal Reserve; state banks that are not members of the Federal Reserve are regulated by the Federal Deposit Insurance Corporation (FDIC). Therefore, virtually every state chartered bank has both a state and federal regulator.
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets). [2]
But as reported by Bankrate in a September 2020 article about the most popular banks in each state, Wells Fargo was on pace to fall behind Chase as the No. 1 operator of bank branches. Potential ...
Although historically state banks could only operate within the state where it was chartered, this distinction slowly eroded. In 2010, this distinction was eliminated with the passage of the Dodd-Frank Act. Now state chartered banks may operate branches in any other state. [18] A state chartered bank cannot have "National" or "Federal" in its name.
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The Enloe State Bank, Cooper, Texas. 05/31/2019. 2018 list of failed banks. Failed banks. Date closed. None. N/A. 2017 list of failed banks. Failed banks. Date closed. Washington Federal Bank for ...
Credit unions in the United States may either be chartered by the federal government [2] or a state government. [3] The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States ...