Learn what a bank is, how banks work, the main types (retail, commercial, investment, and central), and tips on choosing the right one for your needs.

Retail banking involves providing individuals and sometimes small businesses with financial services such as checking and savings accounts, credit cards, auto loans, mortgages, insurance and ...

Retail banking consists of basic financial services, such as checking and savings accounts, among others, that are sold to the general public via local branches.

TROY, Mich.: 27 March 2025 — In an uncertain economic environment in which overall consumer financial health,[1] total deposits, annual household income and total investments are declining, retail ...

The event was in some ways a celebration of the bank's retail-focused business model, which has benefited from its concentration in its key markets and high cross-selling rates. While Wells has earned ...

The paradox of retail branch banking, and its customer experience and customer service implications: Over 80% of a retail banking customer’s interactions take place through self service channels ...

Retail banking clients like receiving financial advice from their primary institution, even though few of them express interest in the services, a new study suggests. Banks and third-party firms eager ...

TROY, Mich.: 30 April 2020 — Retail banks have been confronting a difficult paradox for the last several years. The most satisfied retail banking customers use both branch and digital services to ...