Banking
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Charles Schwab Bank offers retail consumer banking services, including lending solutions, credit cards and FDIC-insured banking products, including checking, savings and money market accounts and certificates of deposit. Charles Schwab Bank also has a Personal Trust Services division which provides Administrative Trustee services for trusts of clients of independent Registered Investment Advisors.
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Facts
| Headquarters |
Reno, NV |
| History |
Charles Schwab Bank is a subsidiary of The Charles Schwab Corporation and is a nationally chartered bank that opened in April 2003. |
| Customers |
Retail consumers throughout the United States |
| Accounts |
367,000 banking accounts |
| Assets |
$21.6 billion in balance sheet assets as of June 30, 2008 |
| Loans |
$4.7 billion in outstanding mortgage and home equity loans as of June 30, 2008 |
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