chartered bank

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chartered bank

n
(Commerce) Canadian a privately owned bank that has been incorporated by Parliament to operate in the commercial banking system
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Asia offered marketing and sales services completely to the bancassurance clients of Standard Chartered Banks Philippine branch at the same time as Pspi was a 100-percent owned subsidiary of SCMB Overseas Ltd.
In Alaska, state-chartered banks are supervised by the State of Alaska, while the Office of the Comptroller of the Currency (part of the US Treasury Department) supervises federally chartered banks.
The Board seeks to retain existing state chartered banks while encouraging federally chartered banks to become state charters.
The Comptroller regulated nationally chartered banks and everything they did.
The Fund managers are seeking commitments of $200 million in capital to be invested primarily in newly chartered banks established by the Fund.
The Fund intends to become a registered bank holding company and expects to build a portfolio of core investments in newly chartered banks focused on the middle-market commercial banking sector.
Since 2001, NAR has successfully opposed a rule promulgated by the Federal Reserve and Treasury Department that would allow federally chartered banks to enter real estate brokerage and property management.
The plaintiffs in the Federal Court suit -- the MBA and several of its member banks -- had argued that the federal Gramm Leach Bliley (GLB) financial modernization act which passed in 1999, as well as a more recent interpretation of the National Bank Act by the chief regulator of nationally chartered banks, the Office of the Comptroller of the Currency (OCC), preempted certain provisions of Massachusetts Insurance law.
The National Association of Realtors(R) has asked the Office of the Comptroller of the Currency to adopt a regulation to prevent federally chartered banks from entering real estate brokerage and property management if the OCC won't rescind a recent regulation that allows national banks to ignore state licensing and banking laws.
Accordingly, Fitch rates transactions containing any loans subject to the GFLA originated by Georgia state chartered banks and savings associations.
10, 1995--Family Bancorp (NASDAQ:FMLY) announced today that it has completed its conversion from a Massachusetts chartered bank holding company to a federally chartered thrift holding company.

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