lupe is a student who wants to open a bank account. which type of bank is most likely the best option for…

lupe is a student who wants to open a bank account. which type of bank is most likely the best option for her needs? a retail bank a savings and loan a commercial bank an investment bank

lupe is a student who wants to open a bank account. which type of bank is most likely the best option for her needs? a retail bank a savings and loan a commercial bank an investment bank

Answer

Brief Explanations:

Retail banks serve individual consumers, offering basic services like checking and savings accounts which are suitable for a student like Lupe. Savings - and - loan associations mainly focus on home - related loans. Commercial banks deal more with business customers. Investment banks are involved in complex financial transactions like underwriting securities and mergers, not basic consumer banking.

Answer:

A. a retail bank