Difference between revisions of "Commercial bank"

From Conservapedia
Jump to navigation Jump to search
(New page: A bank that offers a broad range of deposit accounts, including checking, savings, and time deposits, and extends loans to individuals and businesses -- in contrast to investment banking f...)
(No difference)

Revision as of 01:28, June 22, 2007

A bank that offers a broad range of deposit accounts, including checking, savings, and time deposits, and extends loans to individuals and businesses -- in contrast to investment banking firms such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.