BROWSE

National Bank

What is a 'National Bank'

A national bank, in the United States, is a commercial bank chartered by the comptroller of the currency of the U.S. Treasury. A national bank functions as a member bank of the Federal Reserve in the capacity of investing member of its district Federal Reserve Bank. These banks may facilitate the auction process of U.S. Treasury bonds and must be members of the Federal Deposit Insurance Corporation (FDIC).

Internationally, "national bank" is synonymous with "central bank," or a bank controlled by the national government of a country. Central banks set monetary policies within national economies.

Explaining 'National Bank'

National banks in both structures have an important role in that they help structure a country's financial system. Having an efficient banking system, whether through a central bank or the Federal Reserve, is important to the financial stability of a country's economy.

National banks also facilitate daily transactions with their local Federal Reserve Bank, such as Fed bank wires. They must generate call reports to the Fed each quarter and also make the reports public.

The first national bank in the U.S. was founded under the plans of George Washington.


Further Reading


Trends in park tourism: Economics, finance and management
www.tandfonline.com [PDF]
This study attempts primarily to measure the financial performance of National Bank Limited which one of the largest and prominent private commercial banks in Bangladesh for the period 2008-2013 and to identify whether any difference exists between a banks's years of …

Contemporary banking theoryContemporary banking theory
www.sciencedirect.com [PDF]
This study attempts primarily to measure the financial performance of National Bank Limited which one of the largest and prominent private commercial banks in Bangladesh for the period 2008-2013 and to identify whether any difference exists between a banks's years of …

Liquidity risk and banks' bidding behavior: evidence from the global financial crisisLiquidity risk and banks' bidding behavior: evidence from the global financial crisis
ideas.repec.org [PDF]
This study attempts primarily to measure the financial performance of National Bank Limited which one of the largest and prominent private commercial banks in Bangladesh for the period 2008-2013 and to identify whether any difference exists between a banks's years of …

New approaches to stress testing the Czech banking sectorNew approaches to stress testing the Czech banking sector
ideas.repec.org [PDF]
This study attempts primarily to measure the financial performance of National Bank Limited which one of the largest and prominent private commercial banks in Bangladesh for the period 2008-2013 and to identify whether any difference exists between a banks's years of …

Impact of liberalization of financial resources in China's economic growth: evidence from provincesImpact of liberalization of financial resources in China's economic growth: evidence from provinces
www.sciencedirect.com [PDF]
This study attempts primarily to measure the financial performance of National Bank Limited which one of the largest and prominent private commercial banks in Bangladesh for the period 2008-2013 and to identify whether any difference exists between a banks's years of …

The finance-growth nexus: Evidence from bank branch deregulationThe finance-growth nexus: Evidence from bank branch deregulation
academic.oup.com [PDF]
This study attempts primarily to measure the financial performance of National Bank Limited which one of the largest and prominent private commercial banks in Bangladesh for the period 2008-2013 and to identify whether any difference exists between a banks's years of …

The economics and finance of bilateral clearing agreements: Germany, 1934-8The economics and finance of bilateral clearing agreements: Germany, 1934-8
www.jstor.org [PDF]
This study attempts primarily to measure the financial performance of National Bank Limited which one of the largest and prominent private commercial banks in Bangladesh for the period 2008-2013 and to identify whether any difference exists between a banks's years of …



Q&A About National Bank


What does a national bank do?

A national bank facilitates auctions for U.S. Treasury bonds and must be members of the Federal Deposit Insurance Corporation (FDIC).

What is a national bank?

A national bank is a commercial bank chartered by the comptroller of the currency of the U.S. Treasury.

Are all banks that are considered "national" banks also central banks?

No, not all "national" banks are central banks because they may not have control over monetary policy within their country's economy.