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Customers Bank provides personal & business banking solutions, including checking, money markets, savings, mortgages, loans, and cash management. What would you like the power to do? For you and your family, your business and your community. At Bank of America, our purpose is to help make financial. Business loans.

Banking services -

Your Checking. Your Story.

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Insurance Products, Investments & Annuities: Not A Deposit

Do MORE with Online Banking!

Enroll in Online Banking today and gain access to manage ALL of your Farm Bureau Bank accounts in one location, including your Farm Bureau® Member Rewards Mastercard®! Plus, when you enroll in Online Banking, you also gain access to the FBBmobile app!

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Purchase or refinance with our competitive rates today!

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Welcome to
Farm Bureau Bank

Since 1999, Farm Bureau Bank has focused on providing products and services for Farm Bureau members across the country while delivering an exceptional banking experience. We share your interests, understand your background, and work to support your livelihood.

Farm Bureau MembershipSecurity & PrivacyCareers

We proudly serve the members of the Farm Bureau® and strive to offer the very best banking products and services including checking accounts, auto loans, credit cards, and business services.

Источник: https://www.farmbureau.bank/

Business Banking Solutions

Helping Your Business Thrive

You need a bank big enough to handle all the demands of your business, but small enough to know you and value you. That’s at the core of what we’ve created at Enterprise. We offer the capabilities of the big banks without ever losing the personal service, flexibility, and local decision-making of your trusted community bank. It’s no wonder Enterprise Bank is the region’s leading independent commercial bank.

Speak with one of our trusted advisors today about how you can get the best of both worlds with Enterprise Bank.

Banking Services to help your business:

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*Investment products are not a Deposit, not guaranteed by Enterprise Bank, are not FDIC Insured, not Insured by any government agency, and may lose value. 

 


 

Business Leadership Forum Events

Join us for our Business Leadership Forums. Centered on topics relevant to helping grow, protect, and simplify your businesses banking, these seminars are held quarterly and highlight many of the commercial banking capabilities that Enterprise Bank specializes in and can offer our business banking customers.

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Business eStatements

eStatements can help make managing your business easier by saving time and reducing paper clutter. To sign up for eStatements, contact your account officer or visit your local branch.

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Leaving Site Confirmation

Источник: https://www.enterprisebanking.com/business
Not Insured By Any Federal Government Agency Not Guaranteed By The Bank Or Its Affiliates expand all

CFCU Community Credit Union
CFCU Community Credit Union The Cornell Store, Cornell University
15 Central Avenue
Ithaca, NY 14853-5901
Phone: (607) 255-5111
Fax: (607) 255-3538
Branch Hours: Monday - Friday, 8:30 a.m. - 5:00 p.m.
Other Branches and ATM Locations
Tompkins Trust Company
Tompkins Trust CompanyTompkins Trust Company is a Preferred Partner of Cornell Athletics.
The Cornell Store
Cornell University
15 Central Avenue
Ithaca, NY 14853
Phone: (607) 257-1909; (800) 273-3210
Branch Hours: Monday - Friday, 8:30 a.m. - 5:00 p.m.
Other Branch Locations
ATM Locations
Alternatives Federal Credit Union
Alternatives Federal Credit Union 125 N. Fulton Street
Ithaca, NY 14850
Phone: (607) 273-4611
Fax: (607) 277-6391
Branch Hours and ATM Locations
M&T Bank
M&T Bank 118 North Tioga Street
Ithaca, NY 14853
Phone: (607) 274-8948
Branches, Hours, and ATM Locations
Elmira Savings Bank
Elmira Savings Bank 602 W. State Street
Ithaca, NY 14850
Phone: (607) 272-1111 or (888) 372-9299
Branches, Hours, and ATM Locations
Bank of America
Bank of America No local branches
A​TM Locations
On Campus: West Campus, Noyes Community Recreation Center
Off Campus: Collegetown - Cornell Student Agencies,409 College Ave*
Other Branches and ATM Locations
*Accessible 24 hours a day.
Key Bank
Key Bank logo 300 N. Tioga Street
Ithaca, NY 14850
Phone: (607) 273-1431
Branches, Hours, and ATM Locations
Citizens Bank
Citizens Bank 710 S. Meadow Street
Ithaca TOPS
Ithaca, NY 14850
Phone: (607) 277-8500
Branches, Hours, and ATM Locations
Chemung Canal Trust Company
Chemung Canal Trust Company Community Corners
909 Hanshaw Road
Ithaca, NY 14850
Phone: (607) 257-2194
Branches, Hours, and ATM Locations
Источник: https://www.dfa.cornell.edu/bursar/students-parents/student-resources/local-banking-services
Not FDIC Insured

Banking services -

E*TRADE Bank

Get convenient, low-fee banking that’s fully integrated with your E*TRADE account.

Integrated account view

Investing and savings accounts appear in the same view so you can do everything in one place

Free Transfer Money service

We make it easy to move money between your E*TRADE accounts and outside financial institutions1

Protection, guaranteed

Protect your privacy and your assets with our Complete Protection Guarantee

Compare bank accounts

From interest-bearing savings to no-fee checking, see which E*TRADE Bank account is right for you.

Premium Savings Account

Premium Savings Account

FDIC insured up to $1,250,000. View details

  • 0.05% APY2
  • No minimum opening deposit to get started
  • No minimum monthly account fee
  • Anytime, anywhere banking with our award-winning mobile app3
  • Real-time money transfers between E*TRADE accounts4
Max-Rate Checking

Max-Rate Checking

Convenient mobile and online banking with no ATM fees.1

  • 0.05% APY5
  • No minimum opening deposit to get started
  • FDIC insured up to $250,000. View details
  • Maintain an average monthly balance of $5,000 to waive the $15 monthly fee.5More ways to avoid fee.
  • Free online Bill Pay service
  • Unlimited free ATM fee refunds6
  • Free Max-Rate Checking debit card
  • Online images of cleared and deposited checks
ETRADE Checking

E*TRADE Checking

No monthly account fees for this non-interest-bearing account.

  • 0% APY
  • No minimum opening deposit to get started
  • FDIC insured up to $250,000. View details
  • No minimum balance and no monthly account fee
  • Free online Bill Pay service
  • Unlimited debit and check transactions
  • Free E*TRADE Checking debit card
  • Online images of cleared and deposited checks

Need cash? Explore E*TRADE Line of Credit

Unlock the power of your portfolio for cash when you need it most.7

Borrow against eligible assets in your E*TRADE brokerage account8

Avoid selling securities and disrupting your investment strategy9

Enjoy low interest rates with flexible repayment schedules10


Existing mortgage loan

Need to access or view additional information about your existing mortgage loan? Click herechevron_right


Start banking today

Ready to integrate your banking and investing experience?

Open an account

Источник: https://us.etrade.com/bank

At your request, you are being redirected to a third party site. Please read and agree with the disclaimer before proceeding further.

This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them. Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. Thank you for visiting www.axisbank.com

Cover arranged by Axis Bank for its customers under Digit Illness Group Insurance Policy (UIN GODHLGP20142V011920). Participation to group insurance is voluntary.

Источник: https://www.axisbank.com/
Not Guaranteed By The Bank Or Its Affiliates

Online Banking

1Wireless carriers may charge fees for text transmissions or data usage. Message frequency depends on account settings. Text HELP to BKWST (25978) for help. Availability of Mobile Banking may be affected by your mobile device's coverage area.

2Zelle is available to almost any bank account in the U.S.

3Transactions between enrolled Zelle users typically occur in minutes. If your recipient is not yet enrolled with Zelle, it may take between 1 and 3 business days after they enroll.

4Requests sent to a recipient’s email address that is not enrolled in Zelle will include an invite to enroll in Zelle before the request can be processed. Bank of the West cannot process requests using a recipient’s mobile phone number that is not enrolled in Zelle.

**Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, member FINRA/SIPC, and SEC Registered Investment Adviser. Financial Advisors are Registered Representatives of BancWest Investment Services. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California, (License #0C52321) and through BancWest Investment Services, Inc. in all other states where it is licensed to do business. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors.

BancWest Investment Services is a wholly owned subsidiary of Bank of the West. Bank of the West is a wholly owned subsidiary of BNP Paribas.

Brokerage account balances are provided as a courtesy, may not reflect your accounts' most recent transactions or activity, and provide an aggregate summation of current position balances based on closing values of the previous business day. In the event of a discrepancy, your Investment account statement is the official record for account information. If you have questions about your account, please contact your Financial Advisor or call a BancWest Investment Services client representative at 1-800-338-3919. For general questions about Online Banking, please call 1-800-488-BANK (2265), option 3, TTY 1-800-659-5495, Monday through Friday, 4 a.m. – 10 p.m. Pacific time, and Saturdays, Sundays and most holidays, 5 a.m. – 10 p.m. Pacific time.

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

Investment and Insurance Products:

  • NOT FDIC INSURED
  • NOT BANK GUARANTEED
  • MAY LOSE VALUE
  • NOT A DEPOSIT
  • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Источник: https://www.bankofthewest.com/personal-banking/online-banking/overview.html
expand all

CFCU Community Credit Union
CFCU Community Credit Union The Cornell Store, Cornell University
15 Central Avenue
Ithaca, NY 14853-5901
Phone: (607) 255-5111
Fax: (607) 255-3538
Branch Hours: Monday - Friday, 8:30 a.m. - 5:00 p.m.
Other Branches and ATM Locations
Tompkins Trust Company
Tompkins Trust CompanyTompkins Trust Company is a Preferred Partner of Cornell Athletics.
The Cornell Store
Cornell University
15 Central Avenue
Ithaca, NY 14853
Phone: (607) 257-1909; (800) 273-3210
Branch Hours: Monday - Friday, 8:30 a.m. - 5:00 p.m.
Other Branch Locations
ATM Locations
Alternatives Federal Credit Union
Alternatives Federal Credit Union 125 N. Fulton Street
Ithaca, NY 14850
Phone: (607) 273-4611
Fax: (607) 277-6391
Branch Hours and ATM Locations
M&T Bank
M&T Bank 118 North Tioga Street
Ithaca, NY 14853
Phone: (607) 274-8948
Branches, Hours, and ATM Locations
Elmira Savings Bank
Elmira Savings Bank 602 W. State Street
Ithaca, NY 14850
Phone: (607) 272-1111 or (888) 372-9299
Branches, Hours, and ATM Locations
Bank of America
Bank of America No local branches
A​TM Locations
On Campus: West Campus, Noyes Community Recreation Center
Off Campus: Collegetown - Cornell Student Agencies,409 College Ave*
Other Branches and ATM Locations
*Accessible 24 hours a day.
Key Bank
Key Bank logo 300 N. Tioga Street
Ithaca, NY 14850
Phone: (607) 273-1431
Branches, Hours, and ATM Locations
Citizens Bank
Citizens Bank 710 S. Meadow Street
Ithaca TOPS
Ithaca, NY 14850
Phone: (607) 277-8500
Branches, Hours, and ATM Locations
Chemung Canal Trust Company
Chemung Canal Trust Company Community Corners
909 Hanshaw Road
Ithaca, NY 14850
Phone: (607) 257-2194
Branches, Hours, and ATM Locations
Источник: https://www.dfa.cornell.edu/bursar/students-parents/student-resources/local-banking-services

Retail Banking

What Is Retail Banking?

Retail banking, also known as consumer banking or personal banking, is banking that provides financial services to individual consumers rather than businesses. Retail banking is a way for individual consumers to manage their money, have access to credit, and deposit their money in a secure manner. Services offered by retail banks include checking and savings accounts, mortgages, personal loans, credit cards, and certificates of deposit (CDs).

Key Takeaways

  • Retail banking provides financial services to individual consumers rather than large institutions.
  • Services offered include savings and checking accounts, mortgages, personal loans, debit or credit cards, and certificates of deposit (CDs).
  • Retail banks can be local community banks or the divisions of large commercial banks.
  • In the digital age, many fintech companies can provide all of the same services as retail banks through internet platforms and smartphone apps.
  • While retail banking services are provided to individuals in the general public, corporate banking services are only provided to small or large companies and corporate bodies.

Understanding Retail Banking

Many financial services companies aim to be the one-stop-shop retail banking destination to their individual consumers. Consumers expect a range of basic services from retail banks, such as checking accounts, savings accounts, personal loans, lines of credit, mortgages, debit cards, credit cards, and CDs.

Most consumers utilize local branch banking services, which provide onsite customer service for all of a retail customer's banking needs. Through local branch locations, financial representatives provide customer service and financial advice. Financial representatives are also the lead contact for underwriting applications related to credit-approved products.

Though a consumer may not use all of these retail banking services, the primary service is a checking and savings account to deposit money. This is a common, secure way for individuals to store their cash. Furthermore, it allows them the ability to earn interest on their money. Most savings accounts offer rates based on the fed funds rate. Checking and savings accounts also come with a debit card to allow for ease of withdrawal of funds and payment for goods and services.

Retail banks are also an important source of credit for individuals. They offer consumers credit to purchase large-scale items such as homes and cars. This extension of credit can take the form of mortgages, auto loans, or credit cards. This extension of credit is an important facet of the economy as it provides liquidity to the everyday consumer, which helps the economy grow.

One of the biggest trends in retail banking today is the shift to mobile and online banking. Specifically, banks are adding additional tools and features, such as the ability to put temporary holds on cards, view recurring charges, or scanning a fingerprint to log into an account, in order to retain their existing customers and attract new customers.

How a Retail Bank Generates Income

A retail bank stores the cash deposits of its retail clients. It then uses these deposits to make loans to other clients. The Federal Reserve formerly required that all banks keep 10% of their demand and checking deposits in-house overnight—this was changed to 0% in March 2020. This is known as the reserve requirement and is seen as a safety and liquidity measure. This means that the remainder of the deposits is allowed to be loaned out. The banks charge interest rates on these loans at a higher rate than they pay on customer deposits, which is how banks earn income.

In the banking industry, consumers also rely on the Federal Deposit Insurance Corporation (FDIC) to insure their bank deposits. As of March 31, 2021, the FDIC insured 4,978 institutions, commercial banks and savings banks. The total amount of assets the FDIC insured was $22.6 trillion and the total amount of loans insured was $10.86 trillion.

Types of Retail Banks

Retail banks come in a variety of types and sizes, from local community banks, which are small, locally run banks to the retail banking services of large, global corporate banks such as JPMorgan Chase and Citibank.

As of March 31, 2021, the top five largest U.S. commercial banks by assets were:

  • JPMorgan Chase
  • Bank of America
  • Wells Fargo
  • Citibank
  • U.S. Bank

All of these banks offer retail banking services, which is a large portion of their revenues. Credit unions are another type of retail bank that works as a non-profit cooperative where members pool their assets to be able to provide loans and other financial services to other members. Credit unions typically provide better interest rates for their members because they are not corporate entities seeking profits and they do not have to pay corporate taxes on any earnings.

Expanded Services in Retail Banking

Banks are adding to their product offerings to provide a greater range of services for their retail clients. In addition to basic retail banking accounts and customer service from local branch financial representatives, banks are also adding teams of financial advisors with broadened product offerings, with investment services such as wealth management, brokerage accounts, private banking, and retirement planning.

In the 21st century, a movement toward Internet banking has also broadly expanded the offerings for retail banking customers. Several banks now provide online services to customers purely through the Internet and mobile applications, limiting the number of times a customer needs to go to a local branch to do business.

In addition to traditional banks offering online services, many new fintech companies have blossomed, offering similar services with more ease, and often times at better prices, as they don't incur the expense of needing traditional brick and mortar bank branches. Examples of these banks include N26, Monzo, and Chime.

89%

The percentage of respondents who said they use mobile banking, according to Business Insider Intelligence's Mobile Banking Competitive Edge Study in 2018.

Retail Banking vs. Corporate Banking

While retail banking services are provided to individuals in the general public, corporate banking services are only provided to small or large companies and corporate bodies. The scope of the products and services offered is also different: retail banking is customer-oriented and corporate banking is business-oriented.

The financial worth of transactions is comparably higher in corporate banking than in retail banking. The source of profit is also different: the difference between the margin of interest of borrowers and lenders is the main source of profit in retail banking, while corporate banking's source of profit is the interest and fees charged on the services provided.

Corporate banks provide businesses with the following services:

  • Loans and other credit products
  • Treasury and cash management services
  • Equipment lending
  • Commercial real estate
  • Trade finance
  • Employer services

Some corporate banks also have investment banking arms that offer related services to their corporate clients, such as asset management and securities underwriters.

Retail Banking FAQs

What Are Retail Banking and Its Features?

Retail banking is intended to help consumers manage their money by giving them access to basic banking services, a source of credit, and financial advice. The general public can access a variety of services through a retail bank, including checking and savings accounts, mortgages, credit cards, foreign currency and remittance services, and automobile financing.

What Is the Role of Retail Banking?

The role of retail banking is to help individual consumers manage their money, gain access to credit, and deposit their money in a secure way. Retail banks offer checking and savings accounts, mortgages, personal loans, credit cards, and certificates of deposit (CDs).

What Is an Example of a Retail Bank?

U.S. Bank and Bank of America are examples of retail banks.

What Is the Difference Between Commercial Banking and Retail Banking?

Retail banking offers deposit, access, and lending services to individuals. Commercial banking is another name for corporate banking, which offers banking services to businesses, governments, and other institutions. While retail banking offers its services to individuals for personal use, commercial banking offers its services to institutions for institutional and corporate use.

The Bottom Line

Retail banks offer a variety of products and services to retail customers. When people think about a bank, they usually think about a retail bank. In every city across the country, there are bank branches that make banking services accessible to the general public. The most common services that retail banks offer are checking and savings accounts, mortgages, personal loans, credit cards, and certificates of deposit (CDs).

Источник: https://www.investopedia.com/terms/r/retailbanking.asp
banking services

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