Banking services are primarily concerned with accepting deposits, lending funds, and extending credit, banking services include cash management, short-term investments, mortgages and other loans, credit cards, and bill payment. They are delivered via a number of different institutions, from commercial banks (the largest group) and other traditional means (savings and loans associations, credit unions, and local banks) to newer ventures through insurance companies, brokerage houses, and the internet.
Employment in the banking industry is expected to increase. Much of the increase is expected to occur in credit unions, small regional banks and saving institutions. Projected employment varies by occupation. The number of tellers will decline, while growth is expected for loan officers, customer service representatives, and sales representatives for securities and financial services. Advances in technology are expected to significantly affect future employment. Despite declining employment, job openings for tellers arising from replacement needs should be plentiful because turnover is high and the occupation is large.
This pathway is part of the Finance cluster. These are the other pathways in the cluster:
Check out careers in this pathway:
More careers ...
Check out post-secondary programs in this pathway: