§ 333.1 Classification of general character of business.
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Title 12—Banks and Banking > CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION > SUBCHAPTER B—REGULATIONS AND STATEMENTS OF GENERAL POLICY > PART 333—EXTENSION OF CORPORATE POWERS > Regulations
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State nonmember insured banks are divided into five categories for the purpose of classifying their general character or type of business,
2
viz: commercial banks, banks and trust companies, savings banks (including mutual and stock), industrial banks, and cash depositories.
2 A bank's business may include two or more of the general classifications.
[15 FR 8644, Dec. 6, 1950]
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