Can a market area consist of a subset of banks with similar characteristics, such as asset size or a retail focus? Likewise, can a market area exclude branches of large institutions?

Compliance > Deposits > Brokered Deposits
Q:  Can a market area consist of a subset of banks with similar characteristics, such as asset size or a retail focus? Likewise, can a market area exclude branches of large institutions?
 
A:    No. The market area must be a geographic area and include all FDIC-insured competitors and branches.
 

This can be found in FDIC’s FAQs on Brokered Deposits, which can be found at https://www.fdic.gov/news/news/financial/2015/fil15002a.pdf

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