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Offer convenience and eliminate the need to carry cash. Debit cards allow to spend money by drawing on funds they have deposited at the bank while Credit cards allow to borrow money from the card issuer up to a certain limit.

Wealth management is an investment advisory service that combines other financial services to address the needs of affluent clients.

Financial institution licensed to receive deposits and make loans. There are different kinds of banks and each one provides several financial services.

An account maintained by a bank or a building society in which a depositor's money is kept.

A loan is money given to another party in exchange for future repayment of the loan value or principal amount, along with interest or finance charges.

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.

Banks

TYPES OF SERVICES

Wealth Management

Online banking

Education Planning

Insurance Planning

Investment Planning

Retirement Planning

Cards

Credit Card

Debit Card

Accounts

Money Market

Non-profit organization

Business Savings Account

Business Checking Account

Savings Account

Checking Account

Loan

Vehicle Loans

Business loans

Home loans

Student loan

Personal loan

Insure

Auto Insurance

AD&D Insurance

Homeowners Insurance

Life Insurance

TYPES OF BANKS

Internet Bank

An internet bank — also known as a virtual bank, an online bank, or a web bank — is a bank that lacks any physical branch locations and exists only on the internet.

Brick and Mortar

Refers to a traditional street-side business that offers products and services to its customers face-to-face in an office or store that the business owns or rents. The local grocery store and the corner bank are examples of brick-and-mortar companies. Brick-and-mortar businesses have found it difficult to compete with mostly web-based businesses

Building Society

Is a type of financial institution that provides banking and other financial services to its members. These societies offer mortgages and demand-deposit accounts.

Savings and Loan Association

Referred to as S&Ls, provide many of the same services to customers as commercial banks, including deposits, loans, mortgages, checks, and debit cards.However, S&Ls place a stronger emphasis on residential mortgages.

Mortgage Companies

Is a firm engaged in the business of originating and/or funding mortgages for residential or commercial property.

Investment Bank

Is a financial intermediary that performs a variety of services. Most Investment banks specialize in large and complex financial transactions, such as underwriting, acting as an intermediary between a securities issuer and the investing public.

Commercial Bank

Is a type of financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses.

Central Bank

Is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of nations.

Credit Union

Is a type of financial cooperative that provides traditional banking services.