Assignment 3: Banking

Assignment 3: Banking (16.0 points) 1. Visit the website of a large number field hope, regional depository financial institution, or credit concretion, and use the schooling you keep an eye on there to answer the questions be wiped out(p). EXAMPLE: Some large banks you index consider allow Bank of the States®, JPMorgan Chase®, swell Fargo®, Citibank®, and U.S. Bank®. a. What is the remark of the bank or credit coupler? (0.5 points) Bank of America® b. List three facts about savings key options at the bank or credit union you chose. (3 sentences. 1.0 points) Increased savings with the Keep the Change® program. Multiple CD and savings aim options. Higher interest rates and no monthly fees on CDs. c. List three facts about checking account options at the bank or credit union you chose. (3 sentences. 1.0 points) 24/7 penetration to Online, Mobile1, and Text Banking2 Text and Email Alerts3, summing up $0 obligation Guarantee4 on fraudulent activity Electronic capital transfer, and history Pay d. Does this bank or credit union bye online banking? (0.5 points) Yes e. Would you be probably to have this as your bank or credit union? Why or why not? List at least two reasons for or against choosing this bank or credit union. (3-6 sentences. 2.

0 points) I would nigh likely subscribe to a credit union because most suffer only the same set of fiscal products as a bank, to that extent only some Americans have accounts solely at a credit union. It isnt a difference because most individuals fagt want to have their profit in such a big bank. Most people choose a credit union beca! use they make you a pass on priority, low or no minimum balance requirements, cook funds, and subvention checks. They dont choose banks mostly because banks argon for profit, for the most part shargonholder owned companies delivering a dewy-eyed array of financial services to the public at large. Banks are regulated by either the federal government or state regulators, depending on their charter. They are federally insured finished the Federal...If you want to disembowel a full essay, order it on our website: OrderCustomPaper.com

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