Commercial Bank definition

Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

Commercial Bank means a state or national bank or trust company which is a member of the Federal Deposit Insurance Corporation (or any successors thereto) and of the Federal Reserve System, which has a capital and surplus of $10,000,000 or more, and which is located within the United States of America.

Commercial Bank means a state or national bank or trust company which is a member of the Federal Deposit Insurance Corporation.

Examples of Commercial Bank in a sentence

• In 2007, the Bank established Flushing Commercial Bank, a wholly-owned subsidiary, to provide banking services to public entities including cities, counties, towns, villages, school districts, libraries, fire districts and the various courts throughout the metropolitan area.

• In 2007, the Bank established Flushing Commercial Bank, a wholly-owned subsidiary, to provide banking services to public entities including counties, towns, villages, school districts, libraries, fire districts and the various courts throughout the metropolitan area.

• Also, the Bank completed the legal consolidation with Housing and Commercial Bank (“H&CB”) on October 31, 2001 and merged with Kookmin Credit Card Co., Ltd., a majority-owned subsidiary, on September 30, 2003.

• Dated: Signature of Holder Signature Guaranteed: Commercial Bank or Trust Company Or Member Firm of the New York Stock Exchange, Inc.

• China Universal Asset Management Co., Ltd – Industrial and Commercial Bank of China Limited – China Universal – Tianfu Bull No. 53 Asset Management Plan has Industrial and Commercial Bank of China Limited as its asset trustee.

More Definitions of Commercial Bank

Commercial Bank means a state or national bank or trust company which is a member of the federal deposit insurance corporation, including without limitation any "trust bank" as defined in this section.

Commercial Bank means a state or national bank or trust company which is a member of the Federal Deposit Insurance Corporation and which is located within the United States; and such term includes, without limitation, any “trust bank” as herein defined.

Commercial Bank means a corporation organized for the purpose of engaging in the commercial banking business.

Commercial Bank means a financial institution with assets of at least $1,000,000,000, and which accepts demand and time deposits and extends credit in the ordinary course of business.

Commercial Bank means a banking institution that conducts banking business in Zimbabwe and whose business mainly consists of the acceptance of deposits withdrawable by cheque or otherwise;

Commercial Bank means a bank ac- cepting demand deposits.

Commercial Bank means and includes any financial institution whose operations include, but are not limited to the acceptance of deposits payable on demand and subject to transfer by check;