NAICS 8-Digit Codes for "522"

The Automated Teller Machines (ATM) industry is a subdivision of the Commercial Banking industry. ATMs are electronic banking outlets that allow customers to perform basic transactions without the need for a human teller. These machines are typically available 24/7 and can be found in various locations such as banks, shopping centers, airports, and convenience stores. The ATM industry has …

Banks are financial institutions that provide a range of services to individuals, businesses, and governments. The primary function of banks is to accept deposits from customers and use those funds to make loans, which generates interest income for the bank. Banks also offer a variety of other financial services, such as checking and savings accounts, credit cards, mortgages, and investment …

Commercial Banks NEC (Not Elsewhere Classified) is a subdivision of the Commercial Banking industry that includes banks that do not fit into any other category of commercial banks. These banks offer a range of financial services to individuals, businesses, and other organizations. Commercial Banks NEC may specialize in certain types of loans or services, such as agricultural loans or …

The Letters of Credit industry falls under the Commercial Banking subdivision of the NAICS Code 522110. This industry involves the issuance of letters of credit, which are financial instruments used to guarantee payment between two parties in a transaction. Letters of credit are commonly used in international trade to ensure that payment is made for goods or services provided. This …

State Commercial Banks are financial institutions that are chartered by a state government to provide banking services to individuals, businesses, and government entities within the state. These banks are regulated by state banking authorities and are subject to state laws and regulations. State Commercial Banks offer a range of financial products and services, including checking and savings …

Banks/Overseas-Representative Offices is a subdivision of the Commercial Banking industry that involves the establishment of representative offices by banks in foreign countries. These offices are responsible for promoting the parent bank's services and products to potential customers in the foreign country. Banks/Overseas-Representative Offices also provide support to the parent bank's existing …

Credit Unions are financial cooperatives that are owned and controlled by their members. They offer a range of financial services, including savings accounts, checking accounts, loans, and credit cards. Credit Unions are not-for-profit organizations, which means that any profits they make are returned to their members in the form of lower fees, better interest rates, and improved services. Credit …

Credit Unions Not Federally Chartered are financial institutions that are owned and controlled by their members. These credit unions are not regulated by the federal government, but instead are regulated by state laws. They offer a range of financial services to their members, including savings accounts, checking accounts, loans, and credit cards. Credit Unions Not Federally Chartered are …

Federally Chartered Credit Unions are financial institutions that are chartered and regulated by the National Credit Union Administration (NCUA) and operate under the authority of the Federal Credit Union Act. These credit unions are not-for-profit organizations that provide financial services to their members, who are also their owners. Federally Chartered Credit Unions offer a range of …

Savings & Loan Assns-Representatives is a subdivision of the NAICS Code 522180 that involves companies that act as agents or brokers for savings and loan associations. These representatives facilitate the process of obtaining loans and other financial services from savings and loan associations for their clients. They provide advice and guidance to clients on the best savings and loan …

Savings & Loan Associations are financial institutions that specialize in accepting deposits and making loans, particularly for mortgages. They are also known as thrift institutions and are typically smaller than commercial banks. These associations are owned by their depositors and are regulated by the Office of the Comptroller of the Currency (OCC) or state banking authorities. Savings & Loan …

Savings Institutions-Except Federal is a subdivision of the NAICS Code 522180 that includes companies that accept deposits and provide loans and other credit intermediation services. These institutions are typically smaller than commercial banks and are often community-based. They are also known as savings and loan associations or mutual savings banks. Savings Institutions-Except Federal …

Savings Plans is a subdivision of the NAICS Code 522180 that involves institutions that offer savings plans to individuals and businesses. These plans are designed to help people save money for future expenses or investments. Savings plans can come in many forms, such as individual retirement accounts (IRAs), 401(k) plans, and college savings plans. The institutions that offer these plans …

Thrift & Loan Companies are financial institutions that specialize in accepting deposits and making loans, primarily for mortgages and other real estate-related purposes. These companies are often smaller than traditional banks and credit unions, and they typically focus on serving a specific geographic area or community. Thrift & Loan Companies are regulated by state and federal agencies, and …

Financing-Business is a subdivision of the Sales Financing industry that provides loans and other financial services to businesses. This industry involves providing funds to businesses for various purposes such as expansion, inventory management, and equipment purchases. Financing-Business companies work with businesses of all sizes, from small startups to large corporations, and offer a range of …

Automobile Title Loans is a type of sales financing that involves lending money to individuals who use their vehicle as collateral. This industry provides short-term loans to borrowers who are in need of immediate cash and are willing to use their car as security. The loan amount is typically based on the value of the vehicle and the borrower's ability to repay the loan. Automobile Title Loans …

Financing is a type of industry that involves providing funds or capital to individuals or businesses for various purposes. This industry is responsible for managing and investing money to help people achieve their financial goals. Financing can be provided in various forms such as loans, credit, and investments. The financing industry is an essential part of the economy as it helps individuals …

Financing-Automobile is a subdivision of the Consumer Lending industry that specializes in providing loans to individuals or businesses for the purpose of purchasing automobiles. This industry involves a range of financial services related to automobile financing, including loan origination, underwriting, and servicing. Financing-Automobile companies work with borrowers to determine the …

Loans are a financial service provided by lending institutions to individuals or businesses in need of funds. The loan amount is typically repaid over a set period of time with interest. Loans can be secured or unsecured, meaning they may or may not require collateral. The lending institution will assess the borrower's creditworthiness and ability to repay the loan before approving the loan …

The Loans-Automobile industry, a subdivision of Consumer Lending, involves the provision of loans to individuals or businesses for the purpose of purchasing automobiles. This industry is responsible for providing financial assistance to those who are unable to pay for a vehicle upfront. Loans-Automobile companies offer a range of loan options, including secured and unsecured loans, with varying …

Mobile Homes-Financing is a subdivision of the Consumer Lending industry that specializes in providing financing options for mobile homes. This industry involves the lending of money to individuals or businesses for the purchase of mobile homes, which are typically prefabricated structures that can be transported to different locations. Mobile Homes-Financing companies offer a range of loan …

Loans-Alternative is a subdivision of the Consumer Lending industry that provides non-traditional lending options to individuals and businesses who may not qualify for traditional bank loans. This industry involves providing loans with higher interest rates and less strict requirements than traditional loans. Loans-Alternative companies often specialize in providing loans to individuals with poor …

Loans-Personal is a subdivision of the Consumer Lending industry that involves the lending of money to individuals for personal use. This type of loan is typically unsecured, meaning that it does not require collateral, and is based on the borrower's creditworthiness. Personal loans can be used for a variety of purposes, such as debt consolidation, home improvements, medical expenses, or …

Title loans are a type of consumer lending that involves using a vehicle title as collateral for a short-term loan. This means that the borrower must own a vehicle outright and provide the lender with the title in exchange for a loan. The loan amount is typically a percentage of the vehicle's value and the borrower must repay the loan within a specified period of time, usually 30 days. If the …

Boat financing is a subdivision of the consumer lending industry that specifically deals with providing loans to individuals or businesses for the purchase of boats or other watercraft. This industry involves assessing the creditworthiness of potential borrowers and determining the appropriate loan amount and interest rate based on factors such as income, credit history, and the value of the boat …

Payday loans are a type of short-term, high-interest loan that is typically used by individuals who need quick access to cash. These loans are usually for small amounts, ranging from a few hundred to a few thousand dollars, and are meant to be repaid within a few weeks or months. Payday loans are often used by people who have poor credit or who are unable to obtain credit through traditional …

Mortgage Amortization Schedules is a subdivision of the Real Estate Credit industry that involves the creation and management of schedules that outline the repayment of mortgage loans. These schedules are used to calculate the amount of each payment, the portion of each payment that goes towards interest and principal, and the remaining balance of the loan after each payment. Mortgage …

Real Estate Loans is a subdivision of the Real Estate Credit industry that involves the lending of money to individuals or businesses for the purpose of purchasing or refinancing real estate properties. This industry includes a range of loan types, such as residential mortgages, commercial mortgages, and land loans. Real Estate Loans are typically secured by the property being purchased or …

Construction loans are a type of real estate credit that is specifically designed to finance the construction of a new building or the renovation of an existing one. This type of loan is typically used by builders, developers, and individuals who are looking to construct or renovate a property for personal or commercial use. Construction loans are different from traditional mortgage loans in that …

Notes & Contracts Buyers is a subdivision of the Real Estate Credit industry that involves the purchase of promissory notes, mortgages, and other types of contracts from individuals or businesses. These buyers provide a valuable service to those who need to liquidate their assets quickly or who want to transfer the risk of default to another party. Notes & Contracts Buyers may specialize in a …

Export finance is a type of non-depository credit intermediation that involves providing financing to businesses engaged in international trade. This industry provides financial services to exporters and importers, helping them to manage the risks associated with cross-border transactions. Export finance can include a range of services, such as trade finance, export credit insurance, and foreign …

The Foreign Trade & International Banks industry is a subdivision of the NAICS Code 522299, which includes companies that provide non-depository credit intermediation services. This industry involves facilitating international trade and investment by providing financing, risk management, and other financial services to businesses engaged in cross-border transactions. Foreign Trade & …

Financial Trade Services is a subdivision of the NAICS Code 522299 that involves the facilitation of financial transactions between buyers and sellers in the secondary market. This industry is responsible for providing a range of services that help to ensure the smooth operation of financial markets. Financial Trade Services companies act as intermediaries between buyers and sellers, …

Branches & Agencies Of Foreign Banks is a subdivision of the NAICS Code 522299 that involves the activities of foreign banks operating in the United States. These banks establish branches or agencies in the US to provide banking services to US customers. The services offered by these branches and agencies include deposit-taking, lending, and other financial services. These foreign banks …

Church financing is a specialized type of nondepository credit intermediation that involves providing financial services to churches and other religious organizations. This industry is focused on helping religious institutions obtain the necessary funding to support their operations, expand their facilities, and carry out their missions. Church financing can take many forms, including loans, …

The City Govt-Adm Of Fed Credit Agencies industry is a subdivision of the International, Secondary Market, and All Other Nondepository Credit Intermediation industry. This industry involves the administration of credit agencies by city governments and federal agencies. These credit agencies provide loans and other financial services to individuals and businesses. The City Govt-Adm Of Fed Credit …

Commercial Paper is a type of short-term debt security that is issued by corporations, financial institutions, and other entities to raise funds for their short-term financing needs. It is an unsecured promissory note that is typically issued for a period of less than 270 days. Commercial Paper is usually issued at a discount to its face value and is redeemed at face value upon maturity. It is a …

The County Govt-Adm Of Fed Credit Agencies industry is a subdivision of the International, Secondary Market, and All Other Nondepository Credit Intermediation industry. This industry involves the administration of credit agencies that are owned by county governments or the federal government. These agencies provide credit to individuals and businesses that may not qualify for credit from …

The Factors industry is a subdivision of the NAICS Code 522299 and is involved in the business of purchasing accounts receivable from businesses at a discount. Factors provide a valuable service to businesses by providing them with immediate cash flow, which can be used to fund operations or invest in growth opportunities. Factors assume the risk of collecting the accounts receivable, …

Federal/Federally Sponsored Credit Agncs is a subdivision of the NAICS Code 522299 that involves credit intermediation activities. These agencies are responsible for providing credit to various sectors of the economy, including agriculture, housing, and small businesses. They are either federal agencies or sponsored by the federal government, and their primary objective is to promote …

The Housing-Loans & Development industry involves the provision of loans for the purchase, construction, or renovation of residential properties, as well as the development of new residential properties. This industry is responsible for providing individuals and families with the necessary financing to purchase or build their own homes. Housing loans can be provided by banks, credit unions, and …

Loans-Agricultural is a subdivision of the NAICS Code 522299 that involves providing credit intermediation services to farmers, ranchers, and other agricultural businesses. This industry provides loans for various agricultural purposes such as purchasing equipment, livestock, and seeds, as well as financing land purchases and operating expenses. Loans-Agricultural is an essential industry …

Misc Business Credit Institutions is a subdivision of the NAICS Code 522299 that includes companies that provide credit intermediation services, but are not classified as depository institutions. These institutions primarily lend funds raised from credit markets, rather than from deposits. They offer a range of credit services to businesses, including loans, lines of credit, and credit …

Miscellaneous Leasing Companies are non-depository credit intermediaries that provide leasing services for a variety of assets, including equipment, vehicles, and real estate. These companies do not take deposits like traditional banks, but instead provide financing options for businesses and individuals to acquire assets without having to pay the full cost upfront. Miscellaneous Leasing …

Pawnbrokers are businesses that offer loans to individuals in exchange for personal property as collateral. The pawnbroker assesses the value of the item and offers a loan amount based on a percentage of that value. The borrower then has a set amount of time to repay the loan plus interest, or forfeit the item to the pawnbroker. Pawnbrokers also buy and sell items, often specializing in jewelry, …

The State Govt-Adm Of Fed Credit Agencies industry involves the administration of credit agencies by state governments on behalf of the federal government. These agencies provide credit to individuals and businesses that may not qualify for traditional bank loans. The state government acts as an intermediary between the borrower and the federal government, ensuring that loans are distributed …

Pawn Tickets-Bought is a subdivision of the NAICS Code 522299 that involves the business activity of purchasing pawn tickets from individuals or businesses. Pawn tickets are receipts given to customers who have pawned an item at a pawn shop. The purchase of these tickets allows the buyer to take ownership of the pawned item if the original owner does not redeem it within a certain period …

The Industrial Plants-Bought industry involves the purchase of entire industrial plants, including the land, buildings, and equipment. This industry is primarily engaged in acquiring and managing industrial plants for the purpose of leasing or renting them to other businesses. The plants acquired by companies in this industry can be used for a variety of purposes, such as manufacturing, …

Loan brokerage is a type of financial service that involves acting as an intermediary between borrowers and lenders. Loan brokers assist individuals and businesses in obtaining loans by matching them with suitable lenders. They provide advice on loan options, interest rates, and repayment terms, and help borrowers navigate the loan application process. Loan brokerage can include both mortgage and …

Viatical settlements is a subdivision of the NAICS Code 522310 that involves the sale of life insurance policies by terminally ill or elderly policyholders to third-party investors. The investors purchase the policies at a discounted rate and become the beneficiaries of the policies upon the death of the original policyholder. Viatical settlements provide a way for policyholders to receive …

Structured Settlement Buyers is an industry that involves purchasing structured settlements from individuals who have received them as a result of a legal settlement or other type of payout. These buyers provide a lump sum payment to the individual in exchange for the rights to their future payments. The buyers then receive the future payments as they are made, which can be over a period of years …

Remodeling Loans is a subdivision of the Mortgage and Nonmortgage Loan Brokers industry that specializes in providing financing for home renovation projects. This industry involves facilitating loans for homeowners who are looking to remodel their homes, whether it be for aesthetic purposes or to improve functionality. Remodeling Loans can be used for a variety of projects, such as kitchen and …

The Banking Systems & Service-Electronic industry involves the processing and transmission of financial transactions through electronic means. This includes the use of electronic payment systems, such as credit and debit cards, online banking, and mobile banking applications. The industry also encompasses the development and maintenance of electronic banking software and hardware, as well as the …

Central Reserve Depository Instn NEC is a subdivision of the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry. This industry involves the processing, settlement, and clearing of financial transactions, including securities, commodities, and derivatives. Central Reserve Depository Instn NEC specifically refers to institutions that provide central depository and …

Check Cashing Service is a financial transactions processing activity that involves the cashing of checks for a fee. This service is usually provided by non-bank financial institutions and is commonly used by individuals who do not have a bank account or need immediate access to cash. Check Cashing Service providers are regulated by state and federal laws and are required to comply with …

Clearing Houses are financial institutions that act as intermediaries between buyers and sellers in financial markets. They facilitate the settlement of financial transactions by ensuring that the funds and securities are transferred between the parties involved. Clearing Houses play a crucial role in reducing counterparty risk and ensuring the smooth functioning of financial markets. They are …

The Credit Card & Other Credit Plans industry involves companies that provide credit card services and other forms of credit plans to consumers and businesses. These companies offer credit to customers for purchases and services, and charge interest on the outstanding balance. The industry also includes companies that provide other types of credit plans, such as installment loans and revolving …

Debt Buyers is a subdivision of the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry. This industry involves the purchasing of debt from creditors or other debt owners at a discounted price and then attempting to collect the full amount owed from the debtor. Debt Buyers can be individuals or companies that specialize in purchasing debt from a range of industries …

The Financing-Insurance Premium industry is a subdivision of Financial Transactions Processing, Reserve, and Clearinghouse Activities. This industry involves the processing and management of insurance premiums, which are payments made by policyholders to insurance companies in exchange for coverage. The Financing-Insurance Premium industry provides financing options to policyholders who are …

Money Order Service is a subdivision of the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry. It involves the issuance and payment of money orders, which are a type of prepaid payment instrument used as an alternative to cash. Money orders are typically used for transactions where a check or cash is not accepted or is not convenient, such as paying bills or …

Money Order Systems is a subdivision of the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry. This industry involves the processing and clearing of financial transactions, including money orders. Money Order Systems specifically refers to companies that provide a system for issuing and processing money orders, which are a type of payment similar to a check. Money …

Money Transfer Service is a subdivision of the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry. This industry involves the transfer of funds from one location to another, either domestically or internationally. Money Transfer Service providers offer a range of services to their customers, including wire transfers, online transfers, and mobile transfers. These …

The Travelers' Checks-Issued industry involves the issuance of travelers' checks, which are pre-printed, fixed-amount checks that can be used as a form of payment while traveling. These checks are typically issued by banks or other financial institutions and can be used in place of cash or credit cards. The industry also includes the management of travelers' check programs, including the …

Foreclosure Assistance is a subdivision of the Other Activities Related to Credit Intermediation industry. This industry involves providing assistance to individuals or businesses facing foreclosure on their properties. Foreclosure Assistance companies work with clients to help them avoid foreclosure by negotiating with lenders, creating payment plans, and providing financial counseling. These …

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, …

Mortgage Feasibility Consultants are professionals who provide expert advice and analysis to clients who are considering investing in real estate or obtaining a mortgage. They help clients determine the feasibility of a mortgage by analyzing the client's financial situation, credit history, and the property's value. They also provide guidance on the best mortgage options available to the client …

Safe Deposit Box-Rental is an industry that provides secure storage space for valuable items such as jewelry, documents, and other important possessions. This industry involves renting out safe deposit boxes to individuals and businesses who require a secure location to store their valuable items. Safe Deposit Box-Rental companies typically offer a range of box sizes to accommodate different …

Settlement companies are businesses that provide services related to debt settlement, negotiation, and resolution. These companies work with individuals and businesses to help them settle their debts with creditors. Settlement companies typically negotiate with creditors to reduce the amount of debt owed and create a payment plan that is more manageable for the debtor. Settlement companies may …