Online banks operate without branches. They tend to pay higher rates and charge lower fees than traditional banks. Many, or all, of the products featured on this page are from our advertising partners ...

Banking market definitions are used in connection with applications to evaluate effects on competition in local banking markets. The policy of the Economic Research Department and the Supervision ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. An offshore banking unit (OBU) is a bank shell branch, located in another international ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

A bank failure is the closure of a bank by a regulator when it doesn’t have enough money to operate. Many, or all, of the products featured on this page are from our advertising partners who ...

Bank holding companies are corporations that own controlling interests in one or more banks and manage their operations. Advantages of a bank holding company can include reduced overall risk and ...

Are you looking for a bank that offers minimal fees and a competitive interest rate? Do you value convenience and efficiency over face-to-face customer service? If so, an online bank might be for you.