What bank is National Association?
The designation National Association (frequently abbreviated as N.A.) appended to a bank's name indicates that the financial institution is chartered and regulated at the federal level by the Office of the Comptroller of the Currency (OCC), a bureau of the U.S. Department of the Treasury, rather than holding a state charter. Prominent examples include Citibank, N.A., Bank of America, N.A., and JPMorgan Chase Bank, N.A. Operating as a National Association subjects these institutions to uniform federal banking laws, rigorous national compliance standards, and federal deposit insurance protections managed by the FDIC.
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