how do i know if my bank is a big bank?
is my bank considered to be or is affiliated with a big bank? how are big banks vs community determined?
- thecharleslloydLv 78 years agoFavorite Answer
Big banks are national or international, the community banks are prey to community wealth and investors. If you are looking to just use the bank for wages and small savings the local is OK if you are looking at big investments you need to look to the Big Banks for more security.
- A GuyLv 78 years ago
WikiPedia, or stock-investing sites may help you determine if your bank is owned by another, huge, bank. In the U.S., there are only 4-5 big banks. Many of the rest are credit unions.