Bank Holding Company

Definition

• A company that owns or controls one or more banks or companies associated with banking activities. Holding companies can include leasing companies or credit companies and are often identified by having either Bancorp or Bancshares in the company name. All bank holding companies are regulated by the Federal Reserve Board of Governors.

Synonyms
shareholder of companies, corporation, stockholder, management

Acronyms
BHC

Related Terms and Acronyms

• Bank — Definition,
  • An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.
• Correspondent Bank — Definition,
  • A bank that holds deposits of another bank, usually a smaller bank, and in turn provides certain banking services that may not be readily available to the smaller bank.