What are the different types of banks?

Support from an account manager. What are the different bank types? There are 11 types of banks, including Retail banks, Commercial banks, Investment banks, Universal Banks, Credit unions, Private banks, Savings and Loan Associations, Islamic Banks, Green Banks, Challenger banks, and Neobanks.

What types of banks are in the United States?

Broadly speaking, banks in the United States fall into two categories: commercial banks and investment banks. Commercial banks offer savings, checking, and lending services, and they are usually regulated by the Office of the Comptroller of the Currency (OCC).

What types of banking services do banks offer?

Today, most large banks offer deposit accounts, loans, and limited financial advice to both consumers and businesses. Products offered at retail and commercial banks include checking and savings accounts, certificates of deposit (CDs), personal and mortgage loans, credit cards, and business banking accounts.