A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compoundbancorp (banc/bank + corp[oration]) is often used to refer to these companies as well.
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A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compoundbancorp (banc/bank + corp[oration]) is often used to refer to these companies as well.