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Consumer Bank Final Slides

Consumer Bank Final Slides

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Published by Andeela Riaz

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Published by: Andeela Riaz on Apr 13, 2010
Copyright:Attribution Non-commercial

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11/21/2013

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Consumer Bank
³Consumer banking is comprised of thefinancial services, such as checking andsavings accounts, mortgages, home equity linesof credit, personal loans, and credit cards,offered by financial institutions.´
 
Hi
story Of Consumer Bank
i
ng
T
he consumer bank is actually a relatively newphenomenon in the history of banking. Most bankswere initially built to serve businesses andcountries.
T
hey weren¶t examples of a consumer bank, since they didn¶t normally provide servicesto individuals, unless you were extremely wealthyand your deposits financed some aspects of thebank¶s business endeavors. It wasn¶t until aboutthe mid 1800s that banks started seeing the valueof offering accounts and safe depositing places for the average person.

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