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Niche Banks

Categories: Banking

There’s no secret to niche banks...they're just banks that fill a certain niche. If banks could ever have kinky preferences, this would be as close as it gets.

Niche banks might target the church community, like the Reid Temple AME Church Federal Credit Union, with church-friendly hours. But that’s nothing compared to BowieBanc, opened by David Bowie himself, for all your banking and Bowiefan needs. Yes, it was real. Go look it up yourself. Unfortunately (fortunately?), it’s closed now.

Niche banks aren’t so common anymore now that big banks are dominating the space with their big-bankiness, low prices, and wide variety of financial services.

Find other enlightening terms in Shmoop Finance Genius Bar(f)