NEWZ BOY Nitesh

The banking system in the United States is a complex and ever-evolving network of institutions that provide financial services to individuals and businesses. The Federal Reserve System, the central bank of the United States, regulates and supervises the banking system. There are many different types of banks in the United States, including: Commercial banks : These banks provide a wide range of financial services to businesses, including checking and savings accounts, loans, and credit cards. Retail banks : These banks cater to consumers, offering checking and savings accounts, credit cards, and loans. Credit unions : These are member-owned financial institutions that offer many of the same services as commercial banks. Savings and loan associations : These banks specialize in savings and mortgage loans. Investment banks : These banks help businesses and governments raise capital by issuing stocks and bonds. The most common banking services in the United States include: Checking accoun...