BusinessJuly 15, 2026
bancorp
/ˈbænkɔːrp/
Definition
A bank holding company that serves as the parent entity for one or more banking subsidiaries.
Etymology
The word is a portmanteau of 'bank' and 'corporation.' It entered modern business English in the mid-20th century to concisely identify financial organizations structured as holding companies.
In the news
In this article, 'Five Star Bancorp' is identified as the parent organization that operates Five Star Bank, acting as the umbrella company for its various regional expansions.
Five Star Bank adds four key hires in Palo Alto to support San Francisco Bay Area expansion
Read the full article ↗The Manila Times