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Commercial Banks are the financial intermediaries of the economy. Most commercial banks provide the following services to customers:

  1. Savings accounts
  2. Checking accounts
  3. Fixed Deposits
  4. Home Loans
  5. Personal and Auto loans
  6. Credit Cards
  7. etc

This isnt applicable just to the US Economy but to all world economies.

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โˆ™ 2011-09-25 00:43:33
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Q: What role do commercial banks play in US financial system?
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