A commercial bank that gets a charter from the federal government is called a bank.

Name: A commercial bank that gets a charter from the federal government is called a bank.
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A bank that receives a charter from the federal government is referred to as a national bank. This designation allows the bank to operate across state lines and ensures that it is subject to the oversight of the Office of the Comptroller of the Currency (OCC).

A Commercial Bank That Gets a Charter from the Federal