Community Bank


  • Community bank: A bank, often with branches, that is locally owned and operated, and is not part of a bank holding company. Also referred to as an independent bank.

locally owned, independent

Related Terms and Acronyms

  • Bank Definition,
    • An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.
  • Independent Bank Definition,
    • A locally owned bank that is operated without being affiliated with a bank holding company. Also known as a community bank.
  • Niche Banks Definition,
    • Smaller banks that cater to particular communities or certain industries. These banks have been thriving in the fallout from mega-bank mergers.
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