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A depository bank (U.S. usage) or depositary bank (predominantly EU usage) is a specialist financial entity which, depending on jurisdiction, facilitates investment in securities markets. Depository banks in the United States
The number of non-banking financial companies has expanded greatly in the last several years as venture capital companies, retail and industrial companies have entered the lending business. Non-bank institutions also frequently support investments in property and prepare feasibility, market or industry studies for companies.
Narrow banking is a proposed type of bank called a narrow bank also called a safe bank. Narrow banking would restrict banks to holding liquid and safe government bonds as opposed to other equities (like loans) against depositor's money as opposed to other assets (such as gold as in the case of the Texas Bullion Depository or cryptocurrency as in the case of proposed banks like Custodia ).
A financial institution, sometimes called a banking institution, is a business entity that provides service as an intermediary for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institution: [ 1 ] [ 2 ]
Under federal law, however, a "depository institution" is limited to banks and savings associations - credit unions are not included [1] (debatable). [2] An example of a non-depository institution might be a mortgage bank. While licensed to lend, they cannot accept deposits. [3]
For example, if a bank in the United States makes a loan to a customer by depositing the loan proceeds in that customer's checking account, the bank typically records this event by debiting an asset account on the bank's books (called loans receivable or some similar name) and credits the deposit liability or checking account of the customer on ...
Deposit risk is a type of liquidity risk [1] of a financial institution that is generated by deposits either with defined maturity dates (then such deposits are called 'time' or 'term' deposits) [2] or without defined maturity dates (then such deposits are called 'demand' or 'non-maturity' deposits).
A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on savings accounts that are invested on a low-risk basis and receive interest.