Retail banking

, United Kingdom Typical banking services offered by retail banks include: • Transactional accounts • Checking accounts (American English) • Current accounts (British English) • Savings accounts • Debit cards • ATM cards • Credit cards • Traveler's cheques • Mortgages • Home equity loans • Personal loans • Certificates of deposit/Term deposits In some countries, such as the U.S., retail bank services also include more specialised accounts, such as: • Sweep accounts • Money market accounts • Individual Retirement Accounts (IRA's) ==Sub-types of retail banks==

• Community development bank are regulated banks that provide financial services and credit to underserved markets or populations. • Private banks manage the assets of high-net-worth individuals. • Offshore banks are banks located in jurisdictions with low taxation and regulation. Many offshore banks are essentially private banks. • Savings banks accept savings deposits. • Postal savings banks are savings banks associated with national postal systems. ==See also==