commercial bank

Deposit-taking lender

A commercial bank is a financial institution that accepts deposits, makes loans, and offers basic financial services to businesses and the general public.

Distinguished from investment banks, which focus on securities and corporate finance, commercial banks handle everyday banking: checking accounts, savings accounts, mortgages, and business loans.

She got a small business loan from a commercial bank downtown.

accounts

checking account

Bank deposit for transactions

joint account · business account · trust account · balance · interest · monthly fee · overdraft · passbook · statement · account number

services

deposit

Place for safekeeping

checking · savings account · wire transfer · remittance · direct deposit · bill pay · cashier's check · money order · safe deposit box · currency exchange

lending

mortgage

Secured home loan

credit line · home equity · refinancing · underwriting · collateral · interest rate · principal · amortization · repayment · default

operations

teller

One who counts

  • branchDivision or woody limb
  • ATMAutomated banking kiosk
  • vaultSecure storage chamber

clearing · settlement · reconciliation · ledger · cashier · drive-through · lobby · queue · compliance · audit

distinction

credit union

Member-owned financial cooperative

licensed · for-profit

institutions

JPMorgan Chase

Multinational banking corporation

Barclays · Santander · brick-and-mortar

Categories
Opposites
banking function and services

commercial bankinvestment bank

Securities underwriting firm

investment firm · brokerage firm · merchant bank · hedge fund · securities firm

profit orientation

commercial bankcredit union

Member-owned financial cooperative

cooperative bank · building society · development bank

regulatory authority and monetary control

commercial bankcentral bank

National currency management institution

Federal Reserve · Bank of England · European Central Bank · reserve bank · national bank

Family

bank, banker, banking, commerce, commercial, banks, banked, bankers, bankroll

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Rated G