national bank

noun

1
2
: a bank operating under federal charter and supervision

Examples of national bank in a Sentence

Recent Examples on the Web Diversify Your Bank Accounts In my experience, entrepreneurs should diversify their bank accounts, setting up one with a local bank or credit union, as well as with a large national bank. Jay Cohen, Forbes, 29 Feb. 2024 The Office of the Comptroller of the Currency, the regulator of big national banks like Wells Fargo, on Thursday terminated a consent order that had been in place since September 2016. Ken Sweet, Fortune, 16 Feb. 2024 His platform touted the abolition of slavery, unfettered religious freedom, and a new national bank. Brian T. Allen, National Review, 20 Jan. 2024 Caveats Capital One’s savings account APY beats most national banks and is competitive among online banks. Martha C. White, wsj.com, 18 Dec. 2023 Reputable custodians like Coinbase offer interest rates on USDC comparable to national banks. Steve Larsen, Forbes, 29 Nov. 2023 Around 41% of Americans primarily use national banks, according to the poll, while 15% rely on regional banks, 15% on community banks and 7% on digital banks—exactly the same numbers recorded before the banking failures. Nicholas Reimann, Forbes, 22 Mar. 2023 While the biggest national banks have yet to dramatically change the rates on their savings accounts (clocking in at an average of just 0.23%, according to Bankrate), some mid-size and smaller banks have made changes more in line with the Fed’s moves. Cora Lewis, Fortune, 3 May 2023 After years of contemplating a national bank charter, which could provide Circle direct access to the Federal Reserve, Disparte told Fortune that the firm had to put the plans on hold, with the Office of the Comptroller of the Currency rejecting applications from other crypto companies. Leo Schwartz, Fortune Crypto, 6 Sep. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'national bank.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 19 Mar. 2024.

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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