Watch Related Videos
comments
Commercial bank management may service individual consumers, but unlike a retail bank, the primary focus of a commercial bank is accepting deposits and providing loans to businesses and large corporations.
Commercial Bank Management Meets Your Needs
Commercial banks often offer a wider range of money management options than a conventional retail bank. Commercial bank management account services can offer greater efficiency, flexibility and productivity for your money. Flexibility and variety of service options are especially attractive components of commercial banking because financial service requirements vary from business to business, and often the financial needs of an individual business evolve and change over time.
Services Available at a Commercial Bank
- A variety of checking account options from basic checking accounts to analyzed checking accounts that give you an in-depth picture of your account activity, enabling you to stay on top of your cash position.
- Commercial lines of credit for short term financial needs.
- Certificates of deposit for excess cash you may accumulate that is available for investment for at least 30 days. These cds often offer competitive interest or high rates at no risk of account depreciation, and your money is secured by the FDIC.
- Business ready reserve (overdraft protection).
