retail banks

Main Street banks

Retail banks are financial institutions that serve individual consumers and small businesses rather than corporations or other banks.

They offer basic services like checking and savings accounts, personal loans, mortgages, and credit cards.

Most people's everyday banking—deposits, withdrawals, bill payments—happens through retail banks, whether at physical branches or online.

Opposites
client type and business model

retail banksinvestment banks

Securities underwriting institutions

commercial banks · private banks · central banks · underwriters

market function

retail banksinvestment banks

Securities underwriting institutions

trading houses · hedge funds · asset managers

profit motive

retail bankscredit unions

Member-owned financial cooperatives

building societies

Family

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