commercial bank (redirected from Commercial banking)

Commercial bank

Bank that offers a broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.

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Commercial Bank

A bank offering checking accounts, savings accounts, certificates of deposit, personal and business loans, and other, similar services. Commercial banks charge fees and/or interest for many of their services, though they may pay interest on other services. A retail bank is often an individual branch of a commercial bank where one may procure these services. A commercial bank contrasts with an investment bank, though their services have become more intertwined since the late 1990s.

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Commercial bank. Commercial banks offer a full range of retail banking products and services, such as checking and savings accounts, loans, credit cards, and lines of credit to individuals and businesses.

Most commercial banks also sell certain investments and many offer full brokerage and financial planning services.

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commercial bank

A financial institution authorized to receive both time (savings accounts,CDs) and demand (checking accounts) deposits, to make loans of various types, to engage in trust services, to issue letters of credit, to accept and pay drafts, to rent safety deposit boxes, and to engage in similar activities and ventures.