Personal Experience: Out Of Chase, TD Bank

Even though the total intrest is lower with the Discover Bank, I think that the Citizen Bank gives the better loan deal. If I was to choose the Citizen Bank loan, I would end up paying $539.40 more then with the Discover Bank but there are other factros that need to be viewed over. The Citizen Bank deal is better because the payment each month is $256.85 instead of $413.94, and I lso have five years to pay off this loan. This loan is the more realitic loan for me because I may not have the money to pay $413.32 month, but could afford the 256.85.

b. List three differences you found between the accounts and features this bank or credit union offers and the bank from question 1 above. (1-3 sentences. 1.0 points)

1. Convenience, convenience and convenience, TD bank advertises itself as “America’s most convenience bank” by providing 7-day branch banking with extended hours. They are also open on a few federal holidays1! Some of the locations build with the 24/7 drive-up ATMs2. In this internet and mobile era, the online services and on-the-go app of course one of the big focus of the bank to provide services anywhere, anytime. TD also developed and produced localized video (https://youtu.be/zG_QTAw4pXo?list=PLAUebPDeAbs33hS58wRIKfMibNuEutqgE) to list out its

Chase has more than 5,500 branches and 18,000 ATMs and holds approximately over $2.6 trillion in assets (Get More from Your Banking Relationship, 2014, p.2). JP Morgan Chase is often called the leader of the pack among the “Big Four” banks (King 2015). In recent years the bank has embarked on a major expenditure program to keep up to date with technological advances and consumer change of taste. The trend is digitalization of the banking experience, which enables customers to bank from their smartphone and/or computer. Chase has invested heavily on its smartphone application and online banking platform. In which chase has become the #1 most visited banking portal in the U.S and #1 Mobile banking functionality for 3 consecutive years (Smith 2015). In addition, Chase has expanded the capabilities of its ATM stock. On this new platform, wires can be sent via personal computer, funds

Currently, I don’t have a credit card. All of my payments are made in cash of with my debit card. In the last lecture we learned that it is a good idea to get a credit card young so the credit can start building. Mr. Klassen says that he uses his card for the necessities that he has to buy anyway such as gas and groceries. I would like to implement that in my own spending habits once I get a credit card. I would keep my balances low by being responsible with how I use my card. In addition, I will start out with only one credit card. There is a lot of temptation to open up many cards with different companies, but with one card it is easier to keep track of your

Hello Cassaundra, thanks your posting nevertheless, the information into processes applied by Delta Community Credit Union. Their operation process strategy planning and campaigning to educated consumers that they can have no monthly banking fees, lower interest rates on loans was marvelous. The operation process seems to have empower many other consumers to join Delta Community Credit Union for only five dollars. Delta Community Credit Union strategy planning for greater customer services was on point validated with the article, thus, “2014 suggest that a significant percentage of consumers left “big banks” due to feelings of distrust and lack of service, per (Epperson, 2014).” I feel they made the right decisions, subsequently, because

Bank of America is one of the largest banks in the nation. It is a multinational company and it is recognized by its high revenue value. Unfortunately, Bank of America has endured many complaints and harsh views regarding their lack of ethics. Ethical issues occur when there is a blatant disregard to implement integrity, trust, and responsibility. In some financial institutions, ethical matters are displayed in the way the consumers are treated. Within the past nine years, Bank of America has diminished all of their ethical promises by revealing customer information without their permission; discriminating against consumers based on their race; and manipulating overdraft fees in order to benefit the bank. In order to assess these problems, it is vital to recognize what Bank of America claims to stand for and determine where their most concerning issues are generated from.

For my checking account, I would choose U.S. Banks Easy Checking because the overall payments are far less than the other two banks. Most of the fees are from $5-$15 dollars less than Chase and Wells Fargo which will save me more money eventually.

Some may argue it is normal to have debt. That may be true but it is not impossible to be debt free! If you work for scholarships and use your time in high school wisely you won’t have to have student loans. If you save money for college, you can start a college fund that will significantly help you in the long run. In a world where we want everything now, it can be tempting to spend money

You are a student who has just graduated from high school and currently have a joint credit card plan with your parents and you have yet to apply for your own credit card. Whether you have a college fund or not it is a good start to save and maintain a good financial credit by paying bills on time. By the time you get to college it would be smart to make sure you are going down the right path of having good financial credit as a freshman in college. At the prime age of 17 or 18, many teenagers start their journey as an adult and while in the process have the ability to gain a new form of financial independence from their family. Expenses that were once covered by parents when we were children are now up to us to budget and to deal with. As

Do not live a life that you cannot handle, spend within your means. Be honest with yourself, if you can’t afford something, don’t buy it! Affordability is much more than the amount of money in your bank account, it also is how long it will take for the money you spent to be back in your account. Think of your finances as a long term process, not a short term fix. This is also why you should limit your credit card usage. If you rack up your credit card and lose your sole source of income,

Century National Bank has offices in several cities in the Midwest and the southeastern part of the United States. Mr. Dan Selig, president and CEO, would like to know the characteristics of his checking account customer. To better understand the customers, Mr. Selig asked Ms. Wendy Lamberg, director of planning, to select a sample of customers and prepare a report. To begin, she has appointed a team from her staff and the team has selected a random sample of 60 customers. All the information gathered is tabulated in the table below:

People: While more and more of our banking takes place electronically, customer service is still important when we experience problems or need help with some aspect of our banking.

In 1996, Citibank was an emergent banking institution attempting to increase its market share in the competitive Los Angeles area. In order to do so, the bank’s strategy was to focus slightly less on their financial growth, and much more on providing “a high level of service to its customers”. Management viewed this paradigm shift as “critical to the long term success of the franchise”.

Growing up with parents who didn’t know much about money put me in a position where I had to learn how to be financially responsible at a young age. Before my 18 birthday I wanted to open my own checking account and eventually a credit card in my name without any cosigner. With this in mind before my 18th birthday, I research every bank from big banks such as Bank of America to little credit unions like Arizona Federal. I learn about the fees, how to avoid them, the advantages and disadvantages of a big bank and credit unions, credit reports, the different type of credit cards available and what the best way to obtain them is. Then at 18, I opened my first bank account and subsequently a credit card a couple months later all without a cosigner. With the knowledge I have obtained on my journey, I know I would be an excellent fit for the company and looking forward to working with the team, and ready to educate the public about finances.