12 CFR 333.1 - Classification of general character of business.

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§ 333.1 Classification of general character of business.

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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