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Free Books / Finance / The ABC Of Banks And Banking / | ![]() |
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Chapter II. Various Kinds Of Banking |
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This section is from the book "The ABC Of Banks And Banking", by George M. Coffin. Also available from Amazon: The ABC of Banks and Banking.
As stated in the first chapter, the business of banking in the United States, where it has had the widest and highest development, is conducted by institutions which may properly be classified as follows:
1. Commercial banks;
2. Savings banks;
3. Loan and trust companies.
 
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banking, bills of exchange, bonds, bookkeeping, borrowing money, capital stock, shareholder rights, checks, collections, commercial paper, continued, deposits, directors, discounts, dividends, duties, examinations, exchanges, executive officers, internal administration, issuing bank-notes, money reserve, letters of credit, liabilities, loans, loss account, mortgages, stocks, surplus, trust companies, undivided profits
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