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- There are five common types of bank accounts1:
- Checking accounts
- Savings accounts
- Certificates of deposit (CDs)
- Money market accounts (MMAs)
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.There are five common types of bank accounts, which most banks and credit unions offer. These accounts help people manage spending, minimize fees and reach their savings goals. Checking accounts Savings accounts Certificates of deposit (CDs) Money market accounts (MMAs) Retirement accountsmoneywise.com/banking/banking-basics/types-of-b…There are various types of banks, including commercial banks, credit unions, online banks, and investment banks. The best type for you depends on factors like your banking needs, preferences, and financial goals.www.investopedia.com/how-to-choose-a-bank-518…From this broad term, banks (and financial institutions offering similar services) can be broken down into several smaller categories, including retail banks, savings and loan associations, community development banks and neobanks.www.creditkarma.com/money/i/types-of-banks - People also ask
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