Bank national association definition
How can the answer be improved?National Association (Banking) synonyms, National Association (Banking) pronunciation, National Association (Banking) translation, English dictionary definition of National Association (Banking). n. 1. bank national association definition
Nov 30, 2018 A national bank is a financial institution chartered and regulated by the Office of the Comptroller of the Currency. National Banks typically have the words national or national association in their titles, or the letters N. A. or NT& SA in their names.
Bank national association definition free
Alexander Hamilton, the first Secretary of the Treasury, was instrumental in the formation of the first national bank in the United States.
Some central banks may have the words National Bank in their name; conversely if a bank is named in this way, it is not automatically considered a central bank. For example, National Bank of Canada of Montreal, Canada, is a privately owned commercial bank.
Credit Union National Association (CUNA) Definition. A nonprofit trade group based in Washington, D. C. that provides credit unions with governmental representation, products, services, technology, continuing education, and business development assistance. CUNA partners with state credit union leagues to be able to expand its reach to markets all across the country.
National Banking Association Law and Legal Definition National banking association is a bank that has been organized under the National Bank Act. Such an association operates pursuant to a certificate of authority issued by the Comptroller of the Currency.
National bank. All banks in the United States are chartered by either a state government or the federal government. Federally chartered banks, called national banks, are overseen by the Comptroller of the Currency of the US Department of the Treasury.
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