Commercial Banks-Industry Overview- From SC3-Chapters 11&13 part1

Commercial Banks-Industry Overview- From SC3-Chapters 11&13 part1

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Click to edit Master subtitle style Commercial Banks: Industry  Overview Materials Drawn from  Saunders and Cornett  Financial Markets and Institutions Chapters 11 and 13
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Definition of a Commercial Bank l Commercial banks are the only financial  intermediaries that l accept demand deposits l make commercial loans l Under the Glass-Steagall Act of 1933,  these two characteristics defined the legal  definition of a commercial bank
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Functional difference between Commercial  Bank vs. other depository intermediaries l Banks are also distinguishable from other  depository intermediaries because they l offer the widest variety of types of deposit  liabilities l make use of several types of non-deposit  liabilities l offer the broadest array of loans
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Banks by Size and Type l Retail Banks l consumer oriented banking activities such as  residential and consumer loans and small time and  savings deposits l Wholesale Banks l commercial oriented banking activities such as  commercial loans funded by purchased funds l Investment Banks l banking activities consisting of advising, underwriting, 
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Chartering and Branching l Charters - Dual Banking System l State Charters l State Agency l Office of Financial Regulation – Division of Financial  Institutions-Licensing and Chartering l Federal Charters l Comptroller of the Currency
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Commercial Banks-Industry Overview- From SC3-Chapters 11&13 part1

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