Chain Banking in the District
Joseph T. Keating
Chain banking is a pervasive, but seldom studied form of banking organization. Resembling in some respects other forms of multi-office banking—such as holding company or branch banking—it is, however, largely unrestricted by current federal and state banking regulations. Although a bank involved in a chain banking situation reports individually to its primary bank regulatory authority, there is usually little publicized recognition of its affiliation with a chain.