Definition of community bank in English:
A commercial bank that derives funds from and lends to the community where it operates, and is not affiliated with a multibank holding company.
- Despite all the doubts from many in the banking industry, Fleet has proved it can operate a community bank profitably, while delivering high-quality service to those who need it most.
- In essence, the way we operate is much like a community bank and yet, we gain some of the advantages of a larger company.
- The bank's president explains that a community bank can ‘look beyond the numbers alone and focus on other issues that are actually very important.’
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia
Most popular in Pakistan