Limited Service Bank

Filed Under » ,
Dictionary Says

Definition of 'Limited Service Bank'

Any type of banking business facility that is located separately from the bank's main location. At these locations, banks may take customer deposits, but the bank cannot make loans or offer trust services there. Limited service banks only exist in unit banking states, where operation of more than a single full-service bank branch is prohibited.
Investopedia Says

Investopedia explains 'Limited Service Bank'

Another definition for limited service bank is any bank that is limited in its own charter regarding the products and services that it can offer. This type of bank generally specializes in only one or two products, such as credit cards or auto loans. It may also offer other services on a limited and irregular basis.
Search results for

'Limited Service Bank'

  • Bag The Best Bank Account

    http://www.investopedia.com/articles/pf/09/choosing-bank-account.asp
    ... consumers are: No maintenance fee (often, for a limited time ... No monthly service charges
    (again, within a time limit ... After you are lured in, the bank will set its ...

  • Demystification Of Bank Accounts

    http://www.investopedia.com/articles/pf/08/demystify-bank-account.asp
    ... how to cut fees and maximize service in Choose To ... have minimum opening balance
    requirements, depending on the bank. ... these accounts, but you are limited to only ...

  • What's Eating Away Your Money? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1209/Whats-Eating-Away-Your-Money.aspx
    ... on when installing a new phone line - for a limited time. ... if you were signing up
    for a paid service - or you ... If you are, your bank should send you a thank you ...

  • The Pros And Cons Of Internet Banks

    http://www.investopedia.com/articles/pf/11/benefits-and-drawbacks-of-internet-banks.asp
    ... has become the norm for many simple bank transactions. ... began to investigate ways
    of delivering limited online services ... lower loan costs and reduced service fees ...

  • 3 Types Of REITs For Your Portfolio

    http://www.investopedia.com/articles/mortgages-real-estate/12/three-types-reits-for-your-portfolio.asp
    ... many different types of hotel properties that a hotel REIT might own, including
    limited service, full service, resort, conference ... Read More ». Bank Rates. ...

  • Asset Allocation: The First Step Towards Profit

    http://www.investopedia.com/articles/basics/09/asset-allocation-beginners.asp
    ... Financial advisors and brokers, either full or limited service, rarely provide ... can
    include, but are not limited to, interest ... Forex Broker Summary: Saxo Bank. ...

  • Full-Service Brokerage Or DIY?

    http://www.investopedia.com/articles/stocks/08/fees-commission-value.asp
    ... own advisor as well, so outside charges are limited to professional ... the belief that
    these managers offer a more personalized service. ... Read More ». Bank Rates. ...

  • Agency Bonds: Limited Risk And Higher Return

    http://www.investopedia.com/articles/bonds/07/agency_bonds.asp
    Agency Bonds: Limited Risk And Higher Return. ... Federal Farm Credit Bank (FFCB) is
    a GSE, thus carrying an implicit guarantee on its ... USPS, US Postal Service, GSE, No ...

  • The 4 Ways To Buy And Sell Securities

    http://www.investopedia.com/articles/basics/03/051603.asp
    ... and bonds, but their selection will be limited to funds ... you decide to deal with a
    full-service or discount broker, issuing company, bank, friend or a ...

  • 9 Tips For Safeguarding Your Accounts

    http://www.investopedia.com/articles/pf/08/account-protection.asp
    ... You pay an annual fee for the service and receive one ... an MMAX Account, your
    participating IDC bank uses its ... You are limited to making six withdrawals from your ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links