- Depository bank
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Types of banksCentral bank
Advising bank · Commercial bank
Community development bank
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Postal savings system
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Savings and loan association
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more...Bank cardsBanking termsLoan · Money creation
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Ethical bankingA depository bank (U.S. usage) is a bank organized in the United States which provides all the stock transfer and agency services in connection with a depository receipt program. This function includes arranging for a custodian to accept deposits of ordinary shares, issuing the negotiable receipts which back up the shares, maintaining the register of holders to reflect all transfers and exchanges, and distributing dividends in U.S. dollars.
Categories:- Financial institutions
- Banking
- Legal entities
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