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Standard Industrial Classifications Codes (SIC Codes) /
North American Industry Classification System (NAICS)

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52211Banking
This industry comprises establishments primarily engaged in accepting deposits and issuing loans. Examples of establishments in this industry are establishments of chartered banks, trust companies and deposit-accepting mortgage companies that are primarily engaged in accepting deposits and issuing loans.

Exclusion(s):

*local credit unions (52213, Local Credit Unions); *provincial government savings establishments that channel deposits received to the government rather than lending them to customers (52219, Other Depository Credit Intermediation);

and establishments primarily engaged in:

*investment banking (52311, Investment Banking and Securities Dealing); *buying and selling securities for others on a commission basis (52312, Securities Brokerage); and *underwriting insurance (5241, Insurance Carriers).

52213Local Credit Unions
This industry comprises establishments of local credit unions and caisses populaires primarily engaged in accepting deposits from, and issuing loans to, members. Local credit unions raise funds from members through the sale of shares and the acceptance of deposits.

52219Other Depository Credit Intermediation
This industry comprises establishments, not classified to any other industry, primarily engaged in accepting deposits and making loans. Provincial government savings establishments that channel deposits to the government rather than lending them to customers are also included.



Standard Industrial Classifications Codes (SIC Codes) Main Page

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