A
regional bank is a
depository institution, i.e. a
bank,
savings and loan, or
credit union, which is larger than a
community bank, which operates below the state level, but smaller than a
money center bank, which operates either nationally or internationally. A regional bank is one that operates in one region of a country, such as a state or within a group of states. The definition of what constitutes a regional bank is not precise. They generally provide, with some limitations, the same services as larger banks, such as
deposits;
loans,
leases,
mortgages, and
credit cards;
ATM networks;
securities brokerage;
investment banking;
insurance sales; and
mutual fund and
pension fund management. The term is often used in stock trading, when referring to investing in different bank types, usually referred to as regional bank ETF's (
exchange-traded funds).