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5. Banking Offices and Banks Affiliated with Bank Holding Companies in the United States, December 31, 2008 and 2009
Type of office Total Commercial banks1 State-chartered savings banks
Total Member Nonmember
Total National State
  All banking offices
Banks  
Number, Dec. 31, 2008 7,403 7,050 2,379 1,522 857 4,671 353
Changes during 2009  
New banks 34 33 12 10 2 21 1
Banks converted into branches -149 -145 -52 -37 -15 -93 -4
Ceased banking operations2 -131 -131 -47 -28 -19 -84 0
Other3 0 1 -4 -19 15 5 -1
Net change -246 -242 -91 -74 -17 -151 -4
Number, Dec. 31, 2009 7,157 6,808 2,288 1,448 840 4,520 349
Branches and Additional Offices  
Number, Dec. 31, 2008 83,826 80,744 57,083 42,988 14,095 23,661 3,082
Changes during 2009  
New branches 1,998 1,943 1,454 1,047 407 489 55
Branches converted from banks 149 145 66 34 32 79 4
Discontinued2 -1,613 -1,565 -1,160 -868 -292 -405 -48
Other3 0 9 220 -43 263 -211 -9
Net change 534 532 580 170 410 -48 2
Number, Dec. 31, 2009 84,360 81,276 57,663 43,158 14,505 23,613 3,084
  Banks affiliated with bank holding companies
Banks  
Number, Dec. 31, 2008 5,973 5,847 2,096 1,343 753 3,751 126
Changes during 2009  
BHC-affiliated new banks 73 66 16 10 6 50 7
Banks converted into branches -133 -131 -50 -36 -14 -81 -2
Ceased banking operations2 -128 -127 -47 -28 -19 -80 -1
Other3 0 1 -5 -19 14 6 -1
Net change -188 -191 -86 -73 -13 -105 3
Number, Dec. 31, 2009 5,785 5,656 2,010 1,270 740 3,646 129

Note: Includes banks, banking offices, and bank holding companies in U.S. territories and possessions (affiliated insular areas).

1. For purposes of this table, banks are entities that are defined as banks in the Bank Holding Company Act, as amended, which is implemented by Federal Reserve Regulation Y. Generally, a bank is any institution that accepts demand deposits and is engaged in the business of making commercial loans or any institution that is defined as an insured bank in section 3(h) of the FDIC Act.  Return to table

2. Institutions that no longer meet the Regulation Y definition of a bank.  Return to table

3. Interclass changes and sales of branches.  Return to table