Retail Banking & Consumer Finance

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Definition:

Banking and lending services provided directly to individuals (consumers). Services include checking/savings accounts, credit/debit cards, personal loans, and mortgages. Retail banks aim to offer as many programs as possible to consumers as a way to provide different income-producing opportunities.

Related Concepts:

Credit Rating

IRA

Interest Rate

Private Banking

Refinance

Wealth Management

Available Positions Related to Retail Banking & Consumer Finance:

Retail Banking & Consumer Finance jobs

Relevant Functional Areas:

Management & Client Services

Operations & Transaction Services

Related Job Titles:

Financial Adviser

Foreclosure/Bankruptcy Specialist

Synonyms:

Consumer Banking

Personal Banking