Deposit services
CPC v2.1 Code: 7112
About deposit services
cpc code 7112 covers the industry of deposit services, which plays a crucial role in the broader financial ecosystem. This industry encompasses the acceptance of deposits from individuals and businesses, providing a secure and convenient way for people to store their money. Deposit services are a fundamental component of the banking and financial services sector, enabling the flow of capital and supporting economic activities across various industries.
Production process
The main production techniques in the deposit services industry involve the establishment and maintenance of deposit accounts, including checking, savings, and time deposit accounts. Financial institutions, such as banks and credit unions, use a range of methods to attract and retain depositors, including offering competitive interest rates, providing online and mobile banking platforms, and ensuring the safety and security of customer funds.
Production inputs
The key inputs required for the deposit services industry include a robust financial infrastructure, including secure banking systems, skilled personnel, and regulatory compliance. Financial institutions also rely on a stable economic environment, customer trust, and access to a diverse pool of potential depositors, both individuals and businesses.
Production outputs
The primary output of the deposit services industry is the provision of a safe and reliable place for individuals and businesses to store their money. The deposits collected by financial institutions are then used to fund various lending and investment activities, supporting economic growth and development. Other industries that may consume the output of deposit services include 6211 Securities and commodity contracts intermediation and brokerage, 5221 Depository credit intermediation, and 5222 Nondepository credit intermediation.
Family tree for deposit services
graph LR
A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/71'>71: Financial and related services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/711'>711: Financial services, except investment banking, insurance services and pension services</a>"]
C --> D["<a href='/classifications/cpc/v2-1/7112'>7112: Deposit services</a>"]
C --> E["<a href='/classifications/cpc/v2-1/7111'>7111: Central banking services</a>"]
C --> F["<a href='/classifications/cpc/v2-1/7113'>7113: Credit-granting services</a>"]
C --> G["<a href='/classifications/cpc/v2-1/7114'>7114: Financial leasing services</a>"]
C --> H["<a href='/classifications/cpc/v2-1/7119'>7119: Other financial services, except investment banking, insurance services and pension services</a>"]
D --> I["<a href='/classifications/cpc/v2-1/71121'>71121: Deposit services to corporate and institutional depositors</a>"]
D --> J["<a href='/classifications/cpc/v2-1/71122'>71122: Deposit services to other depositors</a>"]
%% Color coordination by level
classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px
%% Apply classes
class A level1
class B level2
class C level3
class D level4
class E level4
class F level4
class G level4
class H level4
class I level5
class J level5
class D highlight
%% class A level1
%% class B,C level2
%% class D,E,F,G,H,I level2
%% class J,K,L,M,N,O,P level3
%% class D highlight