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Individual Banker
Source:
Encyclopedia of Banking & Finance (9h Edition) by Charles J Woelfel
(We recommend this as work of authority and you can order
it here)
A
private bank; an individual partnership or unincorporated association
engaged in the banking business and subject to the jurisdiction of the
state banking department, as distinguished from an incorporated bank.
In most states, the banking function of receiving deposits from
the public is restricted to banks incorporated under federal or state
law.
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