Personal Banking And Financial Services
Federal law limits the types of loans and commercial accounts S&Ls can take part in. But they may offer higher interest rates to depositors to raise money for mortgage loans. ConvenienceBanks allow you to access your money when you need it. They can also provide “one-stop shopping” for financial needs from investments to home and auto loans, along with other financial services. Convenience, along with interest rates and low fees, are major selling points for banks. Banking includes a wide variety of financial institutions that store the money of individuals, businesses and other entities. Banking However, in practice, the term is often used to refer to segments of that broader definition such as only interest rate risk management or only interest rate and liquidity risk management. See earnings at risk, market value at risk and market value of portfolio equity. Central banks, in contrast, deal mainly with their sponsoring national governments, with commercial banks, and with e...