What type of bank typically offers the widest range of financial services?

Commercial banks are known for providing a comprehensive array of financial services, making them the type of bank that typically offers the widest range. These services include checking and savings accounts, loans (such as personal, auto, and mortgage loans), credit cards, merchant services, and investment services. This broad spectrum allows commercial banks to cater to both individual consumers and businesses, providing essential banking needs in one location.

In contrast, credit unions primarily serve their members and often focus on consumer banking, offering loans and savings products that are typically more favorable than those at commercial banks but not as extensive in terms of variety. Savings banks, while providing essential savings and loan services, generally limit their services compared to commercial banks. Investment banks, on the other hand, specialize in services related to securities and capital markets, such as underwriting, facilitating mergers and acquisitions, and providing advisory services for transactions, rather than everyday banking needs.