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Frequent Contributor
compassion101
Posts: 302
Registered: ‎06-06-2012

What companies own their own banks?

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‎09-19-2012 05:03 PM

Other than those primarily involved in the banking business?

 

I know Target has their own bank, I know H&R Block does too. Discover and AMEX do of course but that's kind of their primary business moreso than the processing business so not sure if I'd count that.

 

Others in non-banking industry that own banks?

 

 

 

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Valued Contributor
jsucool76
Posts: 2,652
Registered: ‎12-11-2011

Re: What companies own their own banks?

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‎09-19-2012 05:57 PM

What do you mean by "Own their own banks." Because Amex offers HYS accounts, discover offers MMA, HYS and CDs.

 

Target on the other hand just does the financing on their own cards, and isn't so much a "bank" by the literal definition. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart: 1300CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
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