nonbank

[ noun non-bangk; adjective non-bangk ]

/ noun ˈnɒnˈbæŋk; adjective ˈnɒnˌbæŋk /

an institution that is not a bank but engages in certain banking practices, as lending money or holding deposits.

of, relating to, or handled by a nonbank: nonbank loans.

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First recorded in 1945–50; non- + bank²

Five years ago, in 2004, the IRS granted the MF the right to be a nonbank custodian of IRAs.
The Bag Lady Papers, Part VII|Alexandra Penney|May 7, 2009|DAILY BEAST