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- Examples of banking include1234:
- Central banks
- Retail and commercial banks
- Internet banks
- Credit unions
- Savings and loan (S&L) associations
- Investment banks and companies
- Brokerage firms
- Insurance companies
- Mortgage companies
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The major categories of financial institutions are central banks, retail and commercial banks, internet banks, credit unions, savings and loan (S&L) associations, investment banks and companies, brokerage firms, insurance companies, and mortgage companies.www.investopedia.com/ask/answers/061615/what-…But banks can offer a wide range of products and services, including: Deposit accounts (checking accounts, savings accounts, CDs, money market accounts) Loans, including mortgage loans, auto loans and personal loans Credit cards Check-cashing services Wealth management services Insurancewww.forbes.com/advisor/banking/how-do-banks-w…- Retail banks are probably the banks you’re most familiar with. ...
- Commercial banks focus on business customers. ...
- Investment banks help businesses raise capital in financial markets. ...
www.thebalancemoney.com/types-of-banks-315214Types of Banking [12 Different Types of Banks in the World]
- 1. Branch Banking Branch banking refers to a bank connected to one or more other banks in an area or outside. ...
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A bank is a financial institution that is licensed to accept checking and savings deposits and make loans. Banks also provide related services such as individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes. There are several types of banks including … See more
Banks have existed since at least the 14th century. They provide a safe place for consumers and business owners to stow their cash and a … See more
U.S. banks came under intense scrutiny after the global financial crisisof 2008. The regulatory environment for banks was tightened … See more
Credit unionsoffer banking services but, unlike banks, they are not-for-profit institutions created for and managed by their members or … See more
Most banks can be categorized as retail, commercial or corporate, or investment banks. The big global banks often operate separate arms for each of these categories. See more
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