NAICS Code 522390-02 - Functions Related To Deposit Banking

Marketing Level - NAICS 8-Digit

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What's Included in Every Standard Data Package

  • Company Name
  • Contact Name (where available)
  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
  • Modeled Credit Rating
  • Public / Private Status
  • Latitude / Longitude
  • ...and more (Inquire)

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Looking for more companies? See NAICS 522390 - Other Activities Related to Credit Intermediation - 422 companies, 1,226 emails.

NAICS Code 522390-02 Description (8-Digit)

Functions Related To Deposit Banking is a subdivision of the Other Activities Related to Credit Intermediation industry. This industry involves providing various services related to deposit banking, such as accepting deposits, providing loans, and offering other financial services to individuals and businesses. Companies in this industry may also offer services such as ATM access, online banking, and mobile banking.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 522390 page

Tools

Tools commonly used in the Functions Related To Deposit Banking industry for day-to-day tasks and operations.

  • Core banking software
  • Customer relationship management (CRM) software
  • Loan origination software
  • Anti-money laundering (AML) software
  • Fraud detection software
  • Risk management software
  • Payment processing software
  • Mobile banking apps
  • Online banking portals
  • ATM machines

Industry Examples of Functions Related To Deposit Banking

Common products and services typical of NAICS Code 522390-02, illustrating the main business activities and contributions to the market.

  • Savings accounts
  • Checking accounts
  • Certificates of deposit (CDs)
  • Money market accounts
  • Individual retirement accounts (IRAs)
  • Business banking services
  • Merchant services
  • Credit cards
  • Personal loans
  • Mortgages

History

A concise historical narrative of NAICS Code 522390-02 covering global milestones and recent developments within the United States.

  • The Functions Related To Deposit Banking industry has a long history dating back to ancient times when moneylenders would take deposits and make loans. In the modern era, the industry has seen significant advancements, such as the introduction of ATMs, online banking, and mobile banking. In the United States, the industry has undergone several changes in recent history, including the consolidation of banks and the rise of fintech companies. The 2008 financial crisis also had a significant impact on the industry, leading to increased regulation and scrutiny. Despite these challenges, the industry has continued to innovate and adapt to changing consumer needs and technological advancements.