A regional banking is an intermediary bank, i.e. a conventional bank, such as a savings and loan, credit union, or other deposit-bearing account, that is smaller than a nationwide bank, that operates below the county level, but not smaller than a national money center bank. The most typical regional banks are in major cities. They may also be referred to as "regional" or "sub-national" banks. The "regional" banking concept was developed to help the smaller community banks compete with larger national banks for deposits in their local markets. Because the smaller banks have fewer assets and sales than the large nationwide banks, and they typically have lower revenues than the regional banking institutions, the members of the super regionals must have a sufficient reserve of assets to cover any losses. If the member banks have too few assets to cover their risks, they cannot compete effectively with their super regionals, and the economic results can be deva...
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