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banks

Defined in 2 dictionaries — Case Law, U.S. Code

Definitions from Case Law

From 70 U.S. 495 - Bank for Savings v. Collector · 1865Most cited · 46 citing opinions

Banks, in the commercial sense, are of three kinds, to wit: 1, of deposit; 2, of discount; 3, of circulation. All or any two of these functions may, and frequently are, exercised by the same association; but there are still banks of deposit, without authority to make discounts or issue a circulating medium.

United States Code

12 U.S.C. § 221A — as used in this chapter

The terms “banks”, “national bank”, “national banking association”, “member bank”, “board”, “district”, and “reserve bank” shall have the meanings assigned to them in section 221 of this title.

15 U.S.C. § 44 — in this section

“Banks” means the types of banks and other financial institutions referred to in section 57a(f)(2) of this title.

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