national bank

American  

noun

1. a bank chartered by the U.S. government and formerly authorized to issue notes that served as money.

2. a bank owned and administered by the government, as in some European countries.

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national bank British  

noun

1. (in the US) a commercial bank incorporated under a Federal charter and legally required to be a member of the Federal Reserve System Compare state bank

2. a bank owned and operated by a government

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Etymology

Origin of national bank

An Americanism dating back to 1780–90

Example Sentences

Denmark’s national bank reported Greenland faces a slowing economy, skilled worker shortages, and rising healthcare costs leading to a 2025 deficit.

From Barron's

Denmark’s national bank reported Greenland faces a slowing economy, skilled worker shortages, and rising healthcare costs leading to a 2025 deficit.

From Barron's

An arm of the Treasury Department, the OCC charters, regulates and supervises all national banks.

From The Wall Street Journal

First Minister John Swinney has proposed that 15 June is designated as a national bank holiday.

From BBC

The company, Noto added, is “combining our regulatory strength as a national bank with transparent, fully reserved on-chain technology to provide a safer and more efficient way for partners to move funds.”

From Barron's