NAICS 8-Digit Codes for "banking"

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 …

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, …

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 …

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 …

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 & …

ATM Manufacturers are companies that specialize in the production of automated teller machines (ATMs). These machines are electronic devices that allow bank customers to perform basic transactions such as cash withdrawals, deposits, and account inquiries without the need for a human teller. ATM Manufacturers design, develop, and produce these machines for use in various settings such as banks, …

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 …

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 …

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 …

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 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 offer a …

The Securities industry is a subdivision of the Investment Banking and Securities Intermediation industry, which involves the buying, selling, and trading of securities such as stocks, bonds, and other financial instruments. Securities can be issued by corporations, governments, and other organizations, and are traded on various exchanges around the world. The Securities industry plays a …

Land Companies are businesses that specialize in the acquisition, development, and sale of land for various purposes. These companies typically purchase large tracts of land and subdivide them into smaller parcels for sale to individuals or other businesses. Land Companies may also be involved in the development of infrastructure such as roads, utilities, and other amenities necessary for the use …

Time Stamps (Manufacturing) is a subdivision of the Other Measuring and Controlling Device Manufacturing industry. This industry involves the production of time stamps, which are devices used to imprint a date and time on a document or other item. Time stamps are commonly used in offices, factories, and other settings where it is important to track the time of a particular event or action. …

Videotext Services is a subdivision of the NAICS Code 517810 that involves the delivery of text and graphics information to consumers through a television set or computer. This industry provides interactive services that allow users to access information, news, weather, sports, and other content through a remote control or keyboard. Videotext Services can be used for a variety of purposes, …

Electronic Networks is a subdivision of the NAICS Code 518210 that involves the provision of electronic infrastructure for data processing, web hosting, and related services. This industry is responsible for the creation, maintenance, and management of electronic networks that allow for the transmission of data and information between different devices and locations. Electronic Networks are …

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 …

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 may …

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 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 …

Investment Securities is a subdivision of the Investment Banking and Securities Intermediation industry that involves the buying and selling of securities such as stocks, bonds, and mutual funds on behalf of clients. Investment Securities firms act as intermediaries between buyers and sellers, providing advice and executing trades on behalf of their clients. These firms may also engage in …

Bonds-Construction is a subdivision of the Investment Banking and Securities Intermediation industry that involves the underwriting and distribution of bonds for construction projects. This industry plays a crucial role in financing construction projects by providing capital to contractors and developers. Bonds-Construction firms act as intermediaries between issuers of bonds and …

Information Securities is a subdivision of the Investment Banking and Securities Intermediation industry that deals with the management and protection of sensitive information related to securities. This industry involves the use of advanced technology and techniques to safeguard confidential data from unauthorized access, theft, or damage. Information Securities professionals work to …

The Govt-Security Brokers Dlrs/Flotation Co industry is a subdivision of the Investment Banking and Securities Intermediation industry. This industry involves the buying and selling of government securities, such as treasury bonds and bills, on behalf of clients. These brokers and dealers act as intermediaries between the government and investors, facilitating the purchase and sale of …

Stock & Bond Brokers are professionals who act as intermediaries between buyers and sellers of securities, such as stocks, bonds, and other financial instruments. They provide a range of services to their clients, including investment advice, research, and trading services. Stock & Bond Brokers work in a fast-paced and dynamic environment, where they must stay up-to-date with market trends and …

Bonds-Special Assessment is a subdivision of the Investment Banking and Securities Intermediation industry that involves the underwriting, issuance, and sale of bonds that are secured by special assessments on real estate. These bonds are issued by local governments to finance public improvements such as roads, sidewalks, and sewer systems. The special assessments are levied on the …

Banks-Consulting Services is a subdivision of the Portfolio Management and Investment Advice industry that involves providing consulting services to banks and financial institutions. These services can range from risk management to regulatory compliance and can be tailored to the specific needs of each client. Banks-Consulting Services professionals work closely with their clients to identify …

Financial Report Analysts are professionals who analyze financial data and prepare reports for businesses, organizations, and individuals. They are responsible for examining financial statements, balance sheets, income statements, and other financial reports to identify trends, risks, and opportunities. Financial Report Analysts use their expertise to provide insights and recommendations to …

Insurance Mergers & Acquisitions is a subdivision of the NAICS Code 524298 that involves the buying, selling, and merging of insurance companies. This industry is responsible for facilitating the transfer of ownership of insurance companies, which can involve a range of complex financial transactions. Insurance Mergers & Acquisitions is a crucial part of the insurance industry, as it allows …

Electronic Data Interchange (EDI) is a subdivision of the Computer Systems Design Services industry that involves the electronic exchange of business documents between trading partners. EDI allows for the transfer of data in a standardized format, eliminating the need for paper-based transactions and reducing errors and processing time. This industry plays a crucial role in supply chain …

Holding Companies (Bank) is an industry that involves companies that own and control one or more banks. These companies do not offer banking services themselves, but rather hold the controlling interest in other banks. Holding Companies (Bank) are responsible for managing the assets and liabilities of the banks they own, as well as overseeing their operations and ensuring compliance with …

Fingerprinting is a specialized industry within the Investigation and Personal Background Check Services sector of NAICS. This industry involves the process of capturing and analyzing an individual's fingerprints for identification purposes. Fingerprinting is a crucial tool used by law enforcement agencies, government organizations, and private companies to verify the identity of individuals for …

Laboratories-Medical is a subdivision of the NAICS Code 621511 that involves the testing and analysis of medical specimens such as blood, urine, and tissue samples. These laboratories are responsible for providing accurate and timely results to healthcare providers to aid in the diagnosis and treatment of patients. The work performed in Laboratories-Medical is critical to the healthcare industry …

Eye Banks are a subdivision of the Blood and Organ Banks industry, which is responsible for the collection, processing, and distribution of human eye tissue for transplantation. Eye Banks play a crucial role in restoring sight to those who have lost it due to corneal damage or disease. The process of eye donation and transplantation involves a complex network of medical professionals, …

Milk Banks are a type of ambulatory health care service that specializes in the collection, processing, and distribution of human milk for infants in need. These banks are typically non-profit organizations that work to ensure that premature or sick infants have access to safe and nutritious breast milk. Milk Banks follow strict guidelines for screening and testing donors, as well as pasteurizing …

Bill Paying Service is a type of personal service that involves the payment of bills on behalf of clients. This service is designed to help individuals who are too busy or unable to pay their bills on time. Bill Paying Service providers offer a range of services that include receiving bills, verifying the accuracy of bills, and making payments on behalf of clients. This service is particularly …

Political Campaign Service is a subdivision of the NAICS Code 813940 that involves providing services to political candidates and parties during election campaigns. This industry is responsible for managing and executing various aspects of political campaigns, including fundraising, advertising, public relations, and voter outreach. Political Campaign Service providers work closely with their …

Ombudsmen are professionals who act as impartial mediators between individuals and organizations. They are responsible for investigating complaints and disputes, and providing recommendations for resolution. Ombudsmen work in a variety of settings, including government agencies, corporations, universities, and healthcare organizations. They are typically appointed by an organization to serve as …