national bank

noun

1
2
: a bank operating under federal charter and supervision

Example Sentences

Recent Examples on the Web By mid-2021, Chase was able to announce it became the first national bank to have a retail presence in every state except Alaska and Hawaii. Jon Chesto, BostonGlobe.com, 2 Aug. 2022 Secretary of State Philander Knox invited a few Wall Street banks to Washington and encouraged them to invest in Haiti’s national bank. New York Times, 20 May 2022 All built around the nucleus of a one-branch national bank in Chico, California, with $300 million in deposits, which the founders bought last year for $50 million. Jeff Kauflin, Forbes, 7 June 2022 Hynes had its own national bank, which was irresistible to a quartet of stick-up men in 1919. Patt Morrison, Los Angeles Times, 13 Sep. 2022 And crypto exchange Coinbase disclosed in a recent quarterly filing that customer assets could be at risk in the unlikely event of a bankruptcy—a risk that wouldn’t exist if those assets were in the custody of a national bank. Brian P. Brooks And Charles W. Calomiris, WSJ, 23 Aug. 2022 The practical impact of the diplomatic move is yet to be seen, although Algeria has reportedly ordered its national bank to stop facilitating payments with Spain, which could disrupt trade. Joseph Wilson, The Christian Science Monitor, 10 June 2022 The practical impact of the diplomatic move is yet to be seen, although Algeria has reportedly ordered its national bank to stop facilitating payments with Spain, which could disrupt trade. Joseph Wilson, The Christian Science Monitor, 10 June 2022 As Haitian distrust of the national bank deepened, investors from France and Germany scrambled to recast it under new European ownership. New York Times, 20 May 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'national bank.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Word History

First Known Use

1736, in the meaning defined at sense 1

Time Traveler
The first known use of national bank was in 1736

Dictionary Entries Near national bank

Cite this Entry

“National bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/national%20bank. Accessed 4 Dec. 2022.

Kids Definition

national bank

noun

: a commercial bank organized under laws passed by Congress and chartered by the federal government

Legal Definition

national bank

see bank

More from Merriam-Webster on national bank

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