retail bank
Everyday deposit institution
A retail bank is a bank that serves individual consumers rather than businesses or institutions.
Retail banks offer personal checking and savings accounts, mortgages, car loans, and credit cards.
The term distinguishes these consumer-facing operations from commercial banking or investment banking: Most people interact only with retail banks.
Bank account for regular transactions
- debit cardPayment from checking account
- checkOrder to pay
- checkbookBound payment drafts
- overdraft protectionBank-funded balance backup
direct deposit · bill pay · routing number · account number · transaction · monthly fee · minimum balance · e-statement
Automated banking kiosk
- branchDivision or woody limb
- tellerOne who counts
- customer serviceAssistance for buyers
- wire transferElectronic bank-to-bank payment
safe deposit box · notary · cashier's check · money order · foreign exchange · account opening · drive-through · night deposit
Place for safekeeping
- withdrawalAct of taking away
- savings accountInterest-bearing bank holding
- interestAttention, stake, or fee
- balanceSteadiness or amount owed
statement · passbook · certificate of deposit · money market · compound interest · emergency fund · nest egg · financial goals
Debt for property purchase
- refinanceObtain new loan terms
- preapprovalAuthorization before final commitment
- down paymentInitial sum toward purchase
- escrowConditional third-party deposit
fixed-rate · adjustable-rate · closing costs · foreclosure · equity · homebuyer · property appraisal · title insurance
Unsecured individual borrowing
- auto loanCredit for vehicle purchase
- creditRecognition or payment deferral
- lendingTemporary provision of resources
- line of creditPreapproved borrowing capacity
overdraft · installment · borrower · debt · interest rate · secured · unsecured · finance charge
current account
Bank account for regular transactions
- debit cardPayment from checking account
- checkOrder to pay
- checkbookBound payment drafts
overdraft protection · direct deposit · bill pay · routing number · account number · transaction · monthly fee · minimum balance · e-statement · canceled check
ATM
Automated banking kiosk
- branchDivision or woody limb
- tellerOne who counts
- customer serviceAssistance for buyers
wire transfer · safe deposit box · notary · cashier's check · money order · foreign exchange · account opening · drive-through · night deposit
deposit
Place for safekeeping
- withdrawalAct of taking away
- savings accountInterest-bearing bank holding
- interestAttention, stake, or fee
balance · statement · passbook · certificate of deposit · money market · compound interest · emergency fund · nest egg · financial goals · minimum balance
home loan
Debt for property purchase
- refinanceObtain new loan terms
- preapprovalAuthorization before final commitment
- down paymentInitial sum toward purchase
escrow · fixed-rate · adjustable-rate · closing costs · foreclosure · equity · homebuyer · property appraisal · title insurance · deed
personal loan
Unsecured individual borrowing
- auto loanCredit for vehicle purchase
- creditRecognition or payment deferral
- lendingTemporary provision of resources
line of credit · overdraft · installment · borrower · debt · interest rate · secured · unsecured · finance charge · credit score
- bankingATM, ATMs, account, accounts, deposit
- financeCFO, controller, finance, treasurer, financial analyst
- economic entitiesbusiness, company, corporation, firm, enterprise
- market participantsbuyer, seller, vendor, supplier, consumer
retail bankinvestment bank
Securities underwriting firm
merchant bank · private equity firm · hedge fund · venture capital firm · central bank
retail bankloan shark
Illegal high-interest moneylender
underground banking · payday lender · pawnshop · money lender
retail, bank, retailing, retailer, retailers, retailed, retails, banks, banking