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BRANCH. This is a metaphorical expression, which designates, in the genealogy of a numerous family, a portion of that family which has sprang from the same root or stock; these latter expressions, like the first, are also metaphorical.
     2. The whole of a genealogy is often called the genealogical tree; and sometimes it is made to take the form of a tree, which is in the first place divided into as many branches as there are children, afterwards into as many branches as there are grand-children, then of great grandchildren, &c. If, for example, it be desired to have a genealogical tree of Peter's family, Peter will be made the trunk of the tree; if he has had two children, John and James, their names will be written on the first two branches; which will themselves shoot out as many smaller branches as John and James have children; from these other's proceed, till the whole family is represented on the tree; thus the origin, the application, and the use of the word branch in genealogy will be at once perceived.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
If every credit union in the country participated in shared branching, there would be more than 21,000 branches available to our members.
For all the advantages enjoyed by banks, shared branching is the one channel no bank will ever have.
165(a) abandonment loss deduction; it did not unambiguously communicate an intent to abandon its branching rights and, in fact, the "narrowly-drawn noncompete covenant" relating to the acquired branches sale communicated that the taxpayer intended to preserve its right to conduct business in the state in which the branches were located.
However, the cooperative concept of shared branching is becoming more important than ever.
Sarah Canepa Bang is president/COO of FSCC LLC and chief strategy officer of CO-OP Shared Branching.
Participating credit unions don't need to spend an extra penny on employees because of shared branching's ability to allow them to leverage other participating credit unions' employees to expand their presence.
One of the biggest keys to shared branching success is retaining members who have moved from the credit union's immediate service area by being able to offer them a brick and mortar remote location where they feel comfortable transacting their business.
On the positive side, Bang also reported that more credit unions that had previously joined shared branching to allow their members use of other credit unions' branches are now opening up their own branches to other credit unions' members to capture the income from shared-branch transactions.
"Sure, that income from shared branching acquiring might only be $1,000 per month per branch," Bang noted.
The evidence from virtually all of the limited number of studies that compare interstate banking to branching suggests that, on average, both delivery systems have about the same cost structure.
As the Treasury proposal recognizes in advocating domestic interstate branching, a requirement that a banking business be conducted through separately incorporated subsidiaries rather than branches imposes additional costs by not permitting a banking organization to use its capital and managerial resources efficiently.