FOREIGN BANKING AND BRANCHES AND AGENCIES OF FOREIGN 
BANKS (SIC 608)

Establishments operating as branches or agencies of foreign banks
which specialize in commercial loans, especially trade finance. 
They typically fund themselves via large denomination interbank
deposits, rather than through smaller denomination retail
deposits.  Federally licensed agencies of foreign banks may not
accept deposits.  Federal branches may accept deposits; however,
if they choose to accept deposits in denominations of $100,000 or
less, Federal deposit insurance is required.  Establishments
which are owned by foreign banks but primarily engaged in
accepting retail deposits from the general public in the United
States are classified in Industry Group 602.

Establishments of foreign trade companies operating in the United
States under Federal or State charter for aiding or financing
foreign trade.  Also included in this industry are Federal or
State chartered banking institutions which only engage in banking
outside the United States.