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    Home ::: Georgia ::: Covington ::: Banks

    Banks in Covington

    Below is a list of businesses listed within our directory. If you do not see your business within the list below, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.

    Standard Listings

    Business Listing   Bank of Covington - Covington, GA - Phone: (770) 787-6600

    Business Listing   First Georgia Community Bank - Covington, GA - Phone: (678) 625-7842

    Business Listing   First Nation Bank - Covington, GA - Phone: (678) 625-0008

    Business Listing   First Nation Bank - Branches- Newton Plaza Office - Covington, GA - Phone: (770) 385-2225

    Business Listing   First Nation Bank - Branches- Newton Station Office - Covington, GA - Phone: (770) 385-0344

    Business Listing   First Nation Bank - Branches- Salem Road Office - Covington, GA - Phone: (770) 918-6000

    Business Listing   Georgia Central Bank - Covington, GA - Phone: (678) 625-8133

    Business Listing   Taylor- William J - Covington, GA - Phone: (770) 787-1111

    Business Listing   Timbersouth Properties - Covington, GA - Phone: (770) 787-4262

    Business Listing   Washington Mutual - Bank Locations- Covington- Newton Crossroads - Covington, GA - Phone: (678) 342-0466

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    Helpful Definition for: Banks

    city} may have one or more banks. A bank is a financial institution that is charged with the function of accepting deposits and lending out money. Thus, it acts as an intermediary connecting individuals with a capital deficit with individuals having a capital surplus. Most banks have national and regional headquarters, and then branches in smaller towns and villages. The banks may be international, national or local in spread of operations. Banks, by virtue of their functions, are centrally placed in the financial system for most economies. Thus, their health is a crticial factor in maintaining the economic health of the country or the region. To ensure their solvency, banks function under a well-defined set of regulations. Most operate under the fractional reserve banking system, whereby they hold a small fraction of the money that comes in by way of deposits, and lends out the rest at interestes higher than the deposit rates, to earn a profit. Covington may have one bank, or a number of bank branches. Some of the types of banks that may be present in Covington are community banks, community development banks, credit unions, postal savings banks, private banks, and internet-only banks. One can both deposit money in these, as well as take out loans for a specified rate of interest and duration.

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