Banking market definitions are used in connection with applications to evaluate effects on competition in local banking markets.
Markets in the Twelfth District are defined by the Economic Research Department of the Federal Reserve Bank of San Francisco. Research Department policy is that the banking markets relevant to a proposed banking transaction are best defined with regard to the specifics of that proposal. Accordingly, the Research Department does not maintain a comprehensive list of predefined banking markets for the District. Instead, as a guide to applicants and other interested parties, the Research Department provides Banking Markets in the Twelfth Federal Reserve District, a document that establishes certain principles used to define banking markets in the District. A list of markets defined in recent cases is included as an appendix to that document, to illustrate the general principles.