Define: Regional Bank

Business, Legal & Accounting Glossary

Definition: Regional Bank



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Full Definition of Regional Bank


In the US, the term regional bank is used to describe a midsized depository institution that is larger than a community bank, but smaller than one of the large money centre banks. The term regional bank does not have an exact definition, but a regional bank has certain characteristics. First, in a list ranked by assets, a regional bank would not make the top 5, but the largest of these would be in the top 25. Second, a regional bank has a presence in a single geographic region, perhaps spanning more than one state. Third, the regional bank probably does not have any international presence. Fourth, the regional bank probably has more than a handful of retail branches. Ongoing consolidation in the banking industry periodically results in the merger or acquisition of a well-known regional bank. Examples of a major regional bank in include Fifth Third Bancorp, PNC Financial, and North Fork Bank.

An alternative classification scheme used by the FDIC that does not include the term regional bank groups banks as either top 25, mid-sized, or community.


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Regional Bank. PayrollHeaven.com. Retrieved April 07, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/regional-bank/

Definition Sources


Definitions for Regional Bank are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th February, 2020