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Banks (at least US ones) often have "NA" in their name, like "Wells Fargo Bank, NA". What does the "NA" mean?

2006-08-23 08:34:05 · 6 answers · asked by KimballKinnison 2 in Business & Finance Corporations

6 answers

National Association. It refers to which government agency granted it its charter (the right to be a bank). Some banks are state chartered, and thus regulated by the state's banking regulations, which can often be more lax than the national regulations. State chartered banks can have a harder time crossing into other states, unless those two states have an agreement to allow it, whereas nationally chartered banks can move into different states (though some restriction do apply). Regardless of its charter the Federal Deposit Insurance Corp is an entity that insures the deposits of both state and national banks, whereas CUNA does it for credit unions.

2006-08-23 17:23:56 · answer #1 · answered by me 1 · 8 0

Na Stand For

2016-11-11 07:42:24 · answer #2 · answered by graughard 4 · 0 0

National Association.

A national bank.

2006-08-23 08:35:03 · answer #3 · answered by American citizen and taxpayer 7 · 3 1

National Asociation

2006-08-23 09:13:21 · answer #4 · answered by Anonymous · 1 1

This Site Might Help You.

RE:
What does "NA" stand for in a bank's name?
Banks (at least US ones) often have "NA" in their name, like "Wells Fargo Bank, NA". What does the "NA" mean?

2015-08-19 16:45:27 · answer #5 · answered by Fred 1 · 1 0

That's a good point

2016-07-27 11:17:21 · answer #6 · answered by ? 3 · 0 0

N.A. = Not Available = Fictitious Bank = Clone Military Democracy Earth

2015-08-21 17:25:14 · answer #7 · answered by Anonymous · 0 3

National Association. These are federally chartered financial institutions that are regulated by the Office of the Comptroller of the Currency, based in Washington DC.

2006-08-23 15:58:22 · answer #8 · answered by what the heck? 3 · 5 0

Somebody, a long time ago, probably drunk, told me "Netherland Antilles". I believed it.

2015-01-16 12:26:56 · answer #9 · answered by Eric B. 1 · 0 0

No A$$holes

2006-08-23 08:36:43 · answer #10 · answered by ray56_32223 2 · 0 8

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