The expectation was that the large, regional banks could provide better service.

Throughout the 1820s, small notes were issued by regional banks.

Sometimes, when the board wants to change the rate for economic policy reasons, it requests one regional bank or another to make an application.

"The issue here is how do you run a big regional bank?"

Even if a small regional bank failed, it would not create panic in the financial system, he said.

The bank merged with several other small regional banks throughout the 1940s.

For the regional banks the ratio increased from 64% to 68% over the same period.

The 12 regional banks take turns putting together the report.

In effect, the organization behind the tokens became the regional bank.

He headed a large regional bank, and helped run a fishing company.