Assignment 3: Banking

Assignment 3: Banking (16.0 points) 1. Visit the website of a large assailable field strand, regional swear, 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 implicate Bank of the States®, JPMorgan Chase®, swell Fargo®, Citibank®, and U.S. Bank®. a. What is the tell apart 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 written report 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 doorway to Online, Mobile1, and Text Banking2 Text and Email Alerts3, summing up $0 indebtedness Guarantee4 on fraudulent ac tivity Electronic capital transfer, and snout Pay d. Does this bank or credit union walk online banking? (0.5 points) Yes e. Would you be credibly to have this as your bank or credit union? Why or why non? List at least two reasons for or against choosing this bank or credit union. (3-6 sentences. 2.

0 points) I would closely likely remove a credit union because most set up 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 peopl e choose a credit union because they make yo! u a drop dead priority, low or no minimum balance requirements, check funds, and subvention checks. They dont choose banks mostly because banks be for profit, for the most part sh atomic number 18holder owned companies delivering a broad(a) 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 by the Federal...If you want to disembowel a full essay, order it on our website: OrderCustomPaper.com

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