Charles Schwab Bank

The Charles Schwab Corporation offers a wide range of financial services for both individuals and businesses through multiple subsidiaries. 

Charles Schwab Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and is an Equal Housing Lender that offers banking deposit and lending services and products, including mortgage and other loans, credit cards, insurance and more.  

Charles Schwab & Co., Inc. (“Schwab”) is a securities brokerage that is overseen by the Securities and Exchange Commission (SEC) and the Securities Investor Protection Corporation (SIPC) and offers banking, money management and other financial services that include wealth management, portfolio maintenance, retirement plans, educational savings accounts and more. 

Schwab Advisor Services provides services to independent investment advisors and brokers (who are not overseen, regulated, owned by or otherwise affiliated with CharlesSchwab) that include all the asset custody, trading and support services offered by Schwab.com broker. 

Schwab Retirement Plan Services, Inc. is an affiliate that provides record keeping and other related services to clients who maintain retirement plans with the firm. 

Charles Schwab, U.K., Limited is a wholly owned and operated subsidiary of CharlesSchwab & Co., Inc. and offers financial services to clients in Great Britain and Europe. This affiliate is overseen and strictly regulated by the Financial Conduct Authority (FCA) in the U.K. and other similarly strict regulatory agencies in other countries in which its clients reside and transact business. 

Charles Schwab, Hong Kong, Ltd. is registered with the Securities & Futures Commission (SFC) to conduct financial security business activities in Hong Kong.  

In addition to the wide range of banking services provided by the firm, Schwab offers investment trading of stocks, bonds, Certificates of Deposit (CDs), options, over 3000 “no transaction fee” mutual funds, commission free Exchange Traded Funds (ETFs), futures, money market funds, margin loans, annuities and more. 

Charles Schwab bank offers financial products and services for both individuals and businesses and its financial trading platform is well suited for novice and experienced investors alike.