12 CFR 333.1

§ 333.1 Classification of general character of business.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 333.1, § 333.1 Classification of general character of business, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46664
Permanent ID: ys:prov:46664@1
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Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.