money center bank
Definition
A large bank in a major financial center which borrows from and lends to governments, corporations, and other banks, rather than consumers.
 Cite this definition
Related Terms
regional bank
Related Research Articles from the InvestorGuide.com University
Introduction to Banking
Learn about the basics of banking, as well as alternatives to banks, such as credit unions, brokerages and mutual funds.
Types of Accounts
Find out about the different types of bank accounts that are available, including savings accounts, checking accounts, money market deposit accounts (MMDAs) and certificates of deposit (CDs).
Online Banking
How can you find the best online bank for you? Within the last decade, online banking has exploded in popularity, and revolutionized the industry, but some banks offer better services than others. Here we look at some things you should consider when you choose an online bank, including account access, security, online bill paying, account aggregation and fees.
Featured Sponsor
|
|
