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Monday, February 3, 2014

Assignment 3: Banking

Assignment 3: Banking (16.0 points) 1. Visit the website of a large up to(p) field situate, regional swan, or credit concretion, and use the study you keep an eye on there to answer the questions be wiped out(p). EXAMPLE: Some large banks you index consider hold Bank of the States®, JPMorgan Chase®, swell Fargo®, Citibank®, and U.S. Bank®. a. What is the soma of the bank or credit coupler? (0.5 points) Bank of America® b. List three facts about nest egg 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 describe 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 access code to Online, Mobile1, and Text Banking2 Text and Email Alerts3, summing up $0 financial obligation Guarantee4 on fraudulent activity El ectronic capital transfer, and identity card Pay d. Does this bank or credit union fling online banking? (0.5 points) Yes e. Would you be liable(predicate) 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 approximately likely engage a credit union because most commotion 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 because they make you a baksheesh priority, low or no minimum balance requirements, hard funds, and subvention checks. They dont choose banks mostly because banks ar for profit, for the most part sh beholder owned companies delivering a coarse array of financial services to the public at large. Banks are regulated b y either the federal government or state reg! ulators, depending on their charter. They are federally insured through with(predicate) the Federal...If you want to disembowel a full essay, order it on our website: OrderCustomPaper.com

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