Bank

National Banks, Regional Banks, Community Banks, Online/Digital Banks

Banking in the USA is structured into several categories based on function, ownership, and service model. Key types include retail banks, commercial banks, investment banks, credit unions, and digital/online-only banks. Subcategories often involve national/state charters, regional vs. community focus, and niche fintech providers.
Primary Bank Categories & Subcategories
Retail Banks (Consumer Banking): Focus on individuals, providing checking accounts, savings, mortgages, and personal loans.
Subcategories: National Banks, Regional Banks, Community Banks, Online/Digital Banks (e.g., Chime, SoFi).
Commercial Banks (Business Banking): Focus on businesses, offering loans, treasury management, and operating accounts.
Subcategories: Small Business Banking (SME), Corporate Banking, Commercial Real Estate Lending.
Investment Banks (Capital Markets): Handle mergers, acquisitions, and underwriting for corporations and governments.
Subcategories: Broker-dealers, Private Equity Firms, Specialized Advisory Firms.
Credit Unions (Non-profit): Member-owned, not-for-profit organizations offering lower fees and better savings rates.
Subcategories: Federal Credit Unions, State-Chartered Credit Unions.
Private Banks (Wealth Management): Tailor services to high-net-worth individuals.
Savings Institutions (Thrifts): Specialize in savings accounts and home