Answer:
A commercial bank provides services such as accepting deposits, making business loans, and offering basic investment products that is operated as a business for profit.
A savings bank has a primary purpose which is accepting savings deposits and paying interest on those deposits.
Explanation:
Commercial banks are<u> owned and managed by a board of directors selected by stockholders</u>. Many commercial banks are <u>large, multinational corporations.</u>
S&Ls (Savings and Loan banks- just another name) are <u>owned and chartered differently</u> than commercial banks, and are <u>generally more locally oriented in terms of customers.</u>
By law, S&Ls <u>may lend up to 20% of their assets for commercial loans</u>, and only half of that can be used for small business loans. S&L <u>must be able to show that 65% of its assets are invested in residential mortgages and other consumer-related assets.</u>
Commercial banks do not have these types of limitations that S&L banks do.
Hope this helped :)