Commercial banking is a set of financial services designed for businesses. Those services include things you'd expect from any bank, such as checking accounts, savings accounts, and loans.

Commercial banks are the financial institutions that most people use for their banking needs. Typically, individuals don't intentionally choose between a commercial vs. investment banking option.

Investment Banking vs. Commercial Banking: An Overview . Commercial and investment banks are both critical financial institutions in a modern economy, but they perform very different functions.

The bank failures during the Great Depression created a series of bank reorganizations, notably the Glass-Steagall Act of 1933. These controls over commercial banks continue today, although the ...