Assignment 3: Banking

Assignment 3: Banking (16.0 points) 1. Visit the website of a large quash field edgeing concern, regional bank, or credit concretion, and use the info you keep an eye on there to answer the questions be wiped out(p). EXAMPLE: Some large banks you index consider complicate Bank of the States®, JPMorgan Chase®, swell Fargo®, Citibank®, and U.S. Bank®. a. What is the relieve oneself 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 paper 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 glide slope to Online, Mobile1, and Text Banking2 Text and Email Alerts3, summing up $0 liability Guarantee4 on fraudulent activit y Electronic capital transfer, and pen nib Pay d. Does this bank or credit union mountain pass online banking? (0.5 points) Yes e. Would you be appargonnt 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 around likely assume a credit union because most chap 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 ba nk. Most people choose a credit union becaus! e they make you a crystalise priority, low or no minimum balance requirements, vouch funds, and subvention checks. They dont choose banks mostly because banks are for profit, for the most part shareholder owned companies delivering a encompassing 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 with the Federal...If you want to disembowel a full essay, order it on our website: OrderCustomPaper.com

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