Other Depository Credit Intermediation
Official definition
This industry comprises establishments primarily engaged in accepting deposits and lending funds (except commercial banking, savings institutions, and credit unions). Establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits, and private banks (i.e., unincorporated banks) are included in this industry.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Code 522190 covers depository credit intermediation establishments that accept deposits and lend funds but do not operate as commercial banks, savings institutions, or credit unions. This category includes industrial banks, Morris Plans, and private unincorporated banks that function as deposit-taking lenders. The distinguishing characteristic is that these establishments engage in core depository and lending activities but fall outside the three major depository institution categories covered by commercial banking, savings institutions, and credit unions.