e2020 assigment 4 Peronal finance Dissertation

1 . Lender of AmeList three info about savings account options at the traditional bank or credit union you chose •You automatically appreciate status inside the Platinum Privileges® program if you have an active Traditional bank of America personal bank account and maintain in least 50 dollars, 000 as a combined equilibrium in your Lender of America deposit accounts and/or your Merrill Edge brokerage accounts. •nnual Percentage Yield (APY) differs based on balance in account which is accurate as of 03/11/2014. These types of rates might change at any time without preceding notice. Fees could lessen earnings within the account. •Your combined bills can define you to get a higher interest rate

three or more. List three facts about bank account options at the bank or credit union you decided to go with. (3 phrases. 1 . 0 points) •requires enrollment in service. Email and Mobile Exchanges must be made out of a Traditional bank of America consumer checking or family savings to a US-based bank account. Receivers have 14 days to register to receive money or perhaps transfer will probably be cancelled 1 . Does this lender or credit rating union offer online bank?

•Yes.

5. Would you become likely to choose this as your bank or perhaps credit union? Why or perhaps why not? List at least two causes of or against choosing this bank or credit union. Yes it seems reliable and fast.

2 . Visit the internet site of a second large national bank, regional bank, or credit union, and make use of the information you will find there to resolve the queries below. The name i\of the bank I chose is SunTrust.

a. Precisely what is the name of the lender or credit union? (0. 5 points)

b. List three differences you found between the accounts and features this bank or perhaps credit union offers as well as the bank coming from question 1 above. (1-3 sentences. 1 . 0 points)

* To avoid a monthly maintenance fee, possibly have a minimum $5 immediately transferred monthly from a checking account or perhaps maintain three hundred in savings account at all times

* Can gain access to the bank account anytime with MasterCard verify card * Is FDIC insured to the...

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