What does the NA mean in Wells Fargo - NA or MetroBank - NA?
- Anonymous1 decade agoFavorite Answer
In the modern U.S. the term "national bank" has a precise meaning: a banking institution chartered by the Office of the Comptroller of the Currency ("OCC"), an agency in the U.S. Treasury Department, pursuant to the National Bank Act. The inclusion of the word "National" in the bank's name or the designation "National Association" or its abbreviation "N.A." is a required part of the distinguishing legal title of a national bank, as in "Bank of America, N.A." Many "state banks," by contrast, are chartered by the applicable State Government (usually the State's Department of Banking), although the banks are still typically regulated by the Federal Deposit Insurance Corporation (FDIC), who insures their deposits.
- 1 decade ago
- artistagent116Lv 71 decade ago
It means North America. Check out this link to see for yourself:
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- Anonymous1 decade ago
I am 100% positive on this one, I work for a bank.