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Topic: Biographies
Number of pages / Number of words: 1 / 232
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The number of commercial banks in operation fell down to 7,598 in the first quarter of 2005, down from 8,129 in 2002. Of the 5,743 state-chartered banks, 919 were members of the Federal Reserve System. These banks comprised about 12 percent of all insured U.S. commercial banks and held about 15 percent of all insured commercial bank asset...


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The number of commercial banks in operation fell down to 7,598 in the first quarter of 2005, down from 8,129 in 2002. Of the 5,743 state-chartered banks, 919 were members of the Federal Reserve System. These banks comprised about 12 percent of all insured U.S. commercial banks and held about 15 percent of all insured commercial bank asset...


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