Full Service Bank (Noun)
Meaning
A financial institution that accepts demand deposits and makes loans and provides other services for the public.
Classification
Nouns denoting groupings of people or objects.
Examples
- The town's full-service bank offers a wide range of financial products, including mortgages, credit cards, and investment portfolios.
- Customers at the full-service bank can access their accounts online, by phone, or at the local branch.
- The full-service bank provides services to both individuals and businesses, including cash management and payroll services.
- The full-service bank's mission is to provide excellent customer service and to help its customers achieve their financial goals.
- The government regulates full-service banks to ensure their stability and security, and to protect consumers from unfair practices.