commercial banking
Mainstream deposit services
Commercial banking is the business of accepting deposits and making loans to individuals and businesses.
Commercial banks are the familiar retail institutions with checking accounts, savings accounts, mortgages, and business credit lines—distinguished from investment banks, which focus on securities and corporate finance.
She left investment banking for a career in commercial banking.
Division or woody limb
- tellerOne who counts
- depositPlace for safekeeping
- accountRecord of dealings
- loan officerEvaluates borrowing requests
mortgage · cashier's check · vault · wire transfer · bank manager · safe deposit box · signature card · bank statement
Risk evaluation and acceptance
- borrowerOne who takes temporarily
- amortizationGradual debt reduction schedule
- foreclosureLender seizes mortgaged property
- repaymentGiving back what's owed
principal · interest rate · lien · refinancing · loan officer · debt-to-income · loan-to-value · promissory note
Act of taking away
- transferMove between locations
- checkOrder to pay
- ATMAutomated banking kiosk
- debit cardPayment from checking account
payment · receipt · clearing · endorsement · reconciliation · settlement · SWIFT · remittance
Borrowed money repaid later
- mortgageSecured home loan
- creditworthinessAbility to repay debts
- credit scoreNumerical measure of borrower reliability
- credit ratingAssigned measure of borrower reliability
credit bureau · credit history · credit report · credit limit · default · credit risk · secured loan · unsecured loan
Adhering to requirements
- auditFormal accounts examination
- fiduciaryAgent bound by loyalty
- capital requirementsMinimum funds banks must hold
- BaselSwiss Rhine city
examiner · charter · FDIC · Federal Reserve · stress test · risk management · consumer protection
Accumulated money kept
- checkingAct of verification
- certificate of depositTime-locked bank savings
- money market accountInterest-earning deposit account
- FDICFederal deposit guarantor
interest · withdrawal · balance · passbook · time deposit · deposit slip · float · yield
branch
Division or woody limb
loan officer · mortgage · cashier's check · vault · wire transfer · bank manager · safe deposit box · signature card · bank statement · checking account
underwriting
Risk evaluation and acceptance
- borrowerOne who takes temporarily
- amortizationGradual debt reduction schedule
- foreclosureLender seizes mortgaged property
repayment · principal · interest rate · lien · refinancing · loan officer · debt-to-income · loan-to-value · promissory note · disbursement
withdrawal
Act of taking away
debit card · payment · receipt · clearing · endorsement · reconciliation · settlement · SWIFT · remittance · currency exchange
loan
Borrowed money repaid later
- mortgageSecured home loan
- creditworthinessAbility to repay debts
- credit scoreNumerical measure of borrower reliability
credit rating · credit bureau · credit history · credit report · credit limit · default · credit risk · secured loan · unsecured loan · line of credit
compliance
Adhering to requirements
- auditFormal accounts examination
- fiduciaryAgent bound by loyalty
- capital requirementsMinimum funds banks must hold
Basel · examiner · charter · FDIC · Federal Reserve · stress test · risk management · consumer protection
savings
Accumulated money kept
- checkingAct of verification
- certificate of depositTime-locked bank savings
- money market accountInterest-earning deposit account
FDIC · interest · withdrawal · balance · passbook · time deposit · deposit slip · float · yield · compounding
- bankingbank, banks, ATM, ATMs, account
- banking termsaccount number, routing number, balance, FDIC, bank statement
- Wall Streetstock market, bond market, stocks, shares, Wall Street
- global financefinancial hubs, central banks, capital flows, exchange rates, foreign exchange
commercial bankinginvestment banking
Advisory services for major transactions
capital markets · securities trading · underwriting · corporate finance · asset management
commercial bankingshadow banking
Unregulated credit intermediation
peer-to-peer lending · microfinance · loan sharking · underground banking · payday lending
commercial, banking, commerce, commercially, commercialize, commercialized, commercialization, commercialism, banker