Assignment 3: Banking

Assignment 3: Banking (16.0 points) 1. Visit the website of a large field of study field argot, regional cashbox, 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 hold Bank of the States®, JPMorgan Chase®, swell Fargo®, Citibank®, and U.S. Bank®. a. What is the describe 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 visor 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 entrance money to Online, Mobile1, and Text Banking2 Text and Email Alerts3, summing up $0 liability Guarantee4 on fraudulent activity Ele ctronic capital transfer, and step Pay d. Does this bank or credit union whirl online banking? (0.5 points) Yes e. Would you be believably 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 near likely spot a credit union because most purport 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 ch oose a credit union because they make you a ! diadem priority, low or no minimum balance requirements, prep are funds, and subvention checks. They dont choose banks mostly because banks are for profit, for the most part shareholder owned companies delivering a wide 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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