Question

Locate at least two banks in your region (USA)  and research the services they offer to customers....

Locate at least two banks in your region (USA)  and research the services they offer to customers. How do these banks compare with the current bank that you use? Would you consider switching to a new bank based on your research or on another contributor's research/input? Why or why not? Be specific please.

Homework Answers

Answer #1

Two banks that operates in my reason will be Bank of America and Standard chartered Bank.

these banks are offering the customers with the deposit related services and they are also offering the customers is 24 *7 banking services and they are offering with various kinds of loans and assistance as well.

These banks have been traditional banks offering low rate of interest than my bank and my bank is offering better rate of interest on my deposits and I am also borrowing at a lower rate then these banks.

since I am a borrower I will not be switching because of low interest rates which has been offered by my current bank and they are also very flexible regarding loan conditions.

I am not going to switch because of the flexibility which I am being offered in the loan payments and low level of interference in the personal life and high level of flexibility

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