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Retail Banking Products

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Checking Account

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A deposit account for daily transactions and bills payment. Typically comes with a debit card and checks.

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Savings Account

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An interest-bearing deposit account used for saving money. Offers lower interest rates but higher accessibility compared to other savings products.

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Certificate of Deposit (CD)

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A time deposit account with a fixed interest rate and maturity date, offering higher interest rates than savings accounts for funds you can set aside.

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Money Market Account

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A savings account with typically higher interest rates, minimum balance requirements, and limited transaction capabilities.

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Retirement Account (IRA)

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An account specially designed for retirement savings, offering tax advantages for investments in securities, and funds.

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Mortgage Loan

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A long-term loan used to purchase property, secured by the collateral of the said property.

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Home Equity Loan

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A type of loan in which the borrower uses the equity of their home as collateral, often used for major expenses like home renovations or education.

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Personal Loan

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An unsecured loan given to individuals on the basis of creditworthiness, often used for personal expenses or debt consolidation.

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Credit Card

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A revolving credit line with a set limit, used for purchases or cash advances and requires monthly payments.

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Debit Card

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A payment card that deducts money directly from a consumer's checking account to pay for a purchase, also allows ATM cash withdrawals.

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Business Loan

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A loan specifically intended for business purposes, whether for startup capital, expansion, or equipment purchases.

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Student Loan

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A loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books, and living expenses.

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Overdraft Protection

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A banking service that covers transactions exceeding the account balance, preventing declined transactions or bounced checks for a fee.

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Auto Loan

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A secured loan used to purchase a vehicle, the car itself often serves as collateral for the loan.

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Safe Deposit Box

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A secure storage box located within a bank used to store valuable items, documents, or records.

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