A financial institution, chartered by a state, which provides international banking services. "Agreement" refers to the corporation's agreement with the guidelines set forth by the Federal Reserve's Board of Governors and the Edge Act. Agreement corporations operate local branches, which allow smaller businesses to interact with global financial markets.
Related information about agreement corporation:
- Agreement Corporation Definition | Investopedia
A type of bank chartered by a state to engage in international banking. The bank “ agrees” with the Federal Reserve Board (FRB) to limit its activities to those ...
- Agreement Corporation - Financial Dictionary - The Free Dictionary
Corporation chartered by a state to engage in international banking: so named because the corporation enters into an "agreement" with the Fed's Board of ...
- Edge Act and Agreement Corporations in International Banking and ...
provision gave rise to the name Agreement corporation.' As an additional inducement to the expansion of the foreign business of the United States, Congress ...
- Agreement Corporation: Definition from Answers.com
Agreement Corporation State chartered corporation engaged in international banking. These banking offices agree to limit their activities, under Federal.
- What is agreement corporation? definition and meaning
Definition of agreement corporation: A financial institution, chartered by a state, which provides international banking services. Agreement refers to the ...
- Edge Act - Wikipedia, the free encyclopedia
Banking Edge or Agreement Corporation, which is directly under control of a U.S. ... An Agreement Corporation is chartered by a state to engage in international ...
- 12 CFR 211.5 - Edge and agreement corporations. - Code of ...
Funds of an Edge or agreement corporation that are not currently employed in its international ... Each Edge corporation and each agreement corporation shall, ...
- Definition of BHCs and Banking Terms
Agreement Corporation Corporation chartered by a state to engage in international banking: so named because the corporation enters into an “ agreement” with ...