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Regional banks typically hold $10 billion to $100 billion in assets
The Federal Reserve defines regional banks as those with assets between $10 billion and $100 billion, positioning them between community banks under $10 billion and larger national banks.
Yahoo Finance outlines what distinguishes regional banks from other US bank types, noting they generally fall between community banks and national banks in size and the breadth of products and services they provide.
According to the Federal Reserve definition cited by Yahoo Finance, a regional bank has between $10 billion and $100 billion in assets, and it typically serves a specific area or set of regions rather than having fully national coverage.
The outlet also contrasts regional banks with community banks, which the Federal Reserve defines as having less than $10 billion in assets, and describes community banks as typically operating with fewer locations and offering fewer products, though with strong local customer focus.
Finally, Yahoo Finance clarifies that regional banks should not be confused with regional Reserve Banks, which are part of the Federal Reserve System and run Fed operations rather than serving customers like commercial banks.