2007-09-22 12:36:12 · 5 answers · asked by james r 1 in Business & Finance ➔ Corporations
National Association
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Edited:
In the modern U.S. the term "national bank" has a precise meaning: a banking institution chartered by the Office of the Comptroller of the Currency ("OCC"), an agency in the U.S. Treasury Department, pursuant to the National Bank Act. The inclusion of the word "National" in the bank's name or the designation "National Association" or its abbreviation "N.A." is a required part of the distinguishing legal title of a national bank, as in "Bank of America, N.A." Many "state banks," by contrast, are chartered by the applicable State Government (usually the State's Department of Banking), although the banks are still typically regulated by the Federal Deposit Insurance Corporation (FDIC), who insures their deposits.
2007-09-22 12:46:54 · answer #1 · answered by Anonymous · 1⤊ 0⤋
National Affiliate
2007-09-22 12:48:22 · answer #2 · answered by Fyreaway 2 · 0⤊ 2⤋
Fargona
2016-12-24 19:20:05 · answer #3 · answered by Erika 4 · 0⤊ 0⤋
It means North America. Check out this link to see for yourself:
2007-09-22 12:50:43 · answer #4 · answered by artistagent116 7 · 0⤊ 2⤋
North America
I am 100% positive on this one, I work for a bank.
2007-09-22 12:40:49 · answer #5 · answered by Anonymous · 1⤊ 2⤋