Charles Schwab Bank
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Charles Schwab Bank offers checking and savings accounts, home loans, credit cards and other banking services to retail consumers throughout the United States. Charles Schwab Bank is a Member FDIC and an Equal Housing Lender.
Executive Management: Paul V. Woolway, President
- History: Charles Schwab Bank, a subsidiary of The Charles Schwab Corporation, opened in April 2003.
- Locations: Headquartered in Reno, Nevada
- Assets: $45.9 billion in balance sheet assets (as of March 31, 2010)
- Banking Accounts: 794,000 (as of May 31, 2010)
- Home Loans: $7.2 billion in outstanding first mortgages and home equity loans (as of March 31, 2010)
Charles Schwab Bank also has a Personal Trust Services division, which provides Administrative Trustee services for trusts of clients of independent Registered Investment Advisors.
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