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As of late 2023, there are approximately 4,200 commercial banks operating in the United States. Additionally, the banking landscape includes thousands of credit unions and other financial institutions, which offer various banking services. The number of banks can fluctuate due to mergers, closures, and new charters. Overall, the fractional representation of banks can vary widely based on specific metrics or categorizations used.

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3w ago

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Q: What are the fractional numbers of banks in the US?
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