Table 5. Banking offices and banks affiliated with bank holding companies in the United States, December 31, 2009 and 2010
Type of office Total Commercial banks1 State-chartered savings banks
Total Member Nonmember
Total National State
All banking offices
Banks
Number, Dec. 31, 2009 7,158 6,808 2,286 1,445 841 4,522 350
Changes during 2010
New banks 17 14 7 6 1 7 3
Banks converted into branches -174 -171 -55 -38 -17 -116 -3
Ceased banking operations2 -156 -148 -52 -33 -19 -96 -8
Other3 0 0 7 -12 19 -7 0
Net change -313 -305 -93 -77 -16 -212 -8
Number, Dec. 31, 2010 6,845 6,503 2,193 1,368 825 4,310 342
Branches & additional offices
Number, Dec. 31, 2009 84,563 81,385 57,718 43,244 14,474 23,667 3,178
Changes during 2010
New branches 1,571 1,508 1,041 867 174 467 63
Banks converted to branches 174 169 74 17 57 95 5
Discontinued2 -1,926 -1,877 -1,394 -987 -407 -483 -49
Other3 0 -1 255 149 106 -256 1
Net change -181 -201 -24 46 -70 -177 20
Number, Dec. 31, 2010 84,382 81,184 57,694 43,290 14,404 23,490 3,198
Banks affiliated with bank holding companies
Banks
Number, Dec. 31, 2009 5,785 5,656 2,010 1,269 741 3,646 129
Changes during 2010
BHC-affiliated new banks 42 41 16 9 7 25 1
Banks converted into branches -161 -159 -51 -35 -16 -108 -2
Ceased banking operations2 -146 -141 -51 -31 -20 -90 -5
Other3 0 0 8 -11 19 -8 0
Net Change -265 -259 -78 -68 -10 -181 -6
Number, Dec. 31, 2010 5,520 5,397 1,932 1,201 731 3,465 123

Note: Includes banks, banking offices, and bank holding companies in U.S. territories and possessions (affiliated insular areas).

1. For purposes of this table, banks are entities that are defined as banks in the Bank Holding Company Act, as amended, which is implemented by Federal Reserve Regulation Y. Generally, a bank is any institution that accepts demand deposits and is engaged in the business of making commercial loans or any institution that is defined as an insured bank in section 3(h) of the FDIC Act. Return to table

2. Institutions that no longer meet the Regulation Y definition of a bank. Return to table

3. Interclass changes and sales of branches. Return to table

Back to top

Last update: July 5, 2011