: a bank operating under federal charter and supervision
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Advertisement Unlike large corporate and national banks, credit unions are nonprofit cooperatives insured by the National Credit Union Administration that pool community resources for lending and more.—Charlotte Hu, Time, 5 Feb. 2026 The acquisition elevates Charlotte’s importance within the national bank’s structure.—Charlotte Observer, 14 Jan. 2026 This differs significantly from a national bank charter, which allows a firm to offer consumer banking services and holds it to a much stricter level of oversight.—Sylvan Lane, The Hill, 7 Jan. 2026 What is less publicly acknowledged is the fact that some national banks also sit at the heart of party and patronage networks, providing political incentives to slow walk reforms.—Douglas Rediker, Foreign Affairs, 17 Dec. 2025 See All Example Sentences for national bank