branch

An offshoot, lateral extension, or subdivision. Any member or part of a body (e.g. executive branch of government), or system; a department. Division, office, or other unit of business located at a different location from main office or headquarters. A branch of a family stock is a group of persons related by descent from a common ancestor, and related to the main stock by the fact that that common ancestor descends from the original founder or progenitor

@ branch bank

An office of a bank physically separated from its main office, with common services and functions, and corporately part of the Under the National Bank Act, term at very least includes any place for receiving deposits or paying checks or lending money apart from chartered premises. Nebraskans for Independent Banking, Inc. v. Omaha Nat. Bank, C.A. Neb., 530 F.2d 755, 764.

"Branch banking" is the operation of one banking institution as the instrumentality of another, in which the relationship between them is such that they operate as a single unit. In Re Cleveland Trust Co. of Lake County, 38 Ohio St.2d 183, 311 N.E.2d 854, 859.

Branch banking is not permitted in certain states.

"Branch office" of a bank or savings bank includes an office, unit, station, facility, terminal, space or receptacle at a fixed location other than a principal office, however designated, at which any business that may be conducted in a principal office of a bank or savings bank may be transacted. Included in this definition are off-premises electronic bank facilities.

Under Uniform Commercial Code, branch bank includes a separately incorporated foreign branch of bank. No. 1-201

@ branch banking

@ branch office

See branch bank

@ branch of the sea

This term, as used at common law, included rivers in which the tide ebbed and flowed

@ branch railroad

A lateral extension of a main line; a road connected with or issuing from a main line. Feeder lines

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