Assignment 2: LASA: Finding Your Best Bank PLEASE FOLLOW THE DIRECTIONS CAREFULLY!!

Categories

National Bank:

Chase

https://www.chase.com/

Regional/Local Bank”

Fifth Third Bank

https://www.53.com/

Credit Union

Faith Community Credit Union

https:// www.faithcommcu.com

Checking Accounts:

· Type of Checking Accounts Available

· Minimum Balances required

· Fees

Chase Total Checking

$25 min, $12 monthly fee

Chase Premier Plus

$25 min, $25 monthly fee

Chase College Checking

$25 min, $6 monthly fee

Essential Checking

No min, $11 monthly fee

Enhanced Checking

$50 min, $20 monthly fee

Preferred Checking

$50 min, $25 monthly fee

Checking Account

No min, one-time $5 membership fee

Savings Accounts:

· Type of Savings Accounts Available

· Minimum Balances required

· Fees

Chase Savings

$25 min, $5 monthly fee

Chase Plus Savings

$100 min, $20 monthly fee

Goal Setter Savings

$50 min, $0 monthly fee

Relationship Savings

$50 min, $0 monthly fee

Miscellaneous Savings

No min, one-time $5 membership fee

ATM:

· ATM access

· ATM Fees

16,000 ATM nation wide

$2.50 for using a non-Chase ATM

2600 ATMs

$2.50 for non-bank ATM

5,076 Alliance-One surcharge-free ATMs

Credit Cards

· Interest Rates Offered

· Annual Fees

Chase Sapphire Preferred

APR 16-23%, $95 annual fee

Chase freedom unlimited

APR 14-23%, $0 annual fee

over 22 other credit cards to choose from

Trio Master Card

APR 14,74-23.74%, $0 annual fee

Truly Simple Card

APR 12.73-23.74%, $0 annual fee

No information available on website. Must be a member to access.

Loans:

· Types of Loans Offered

· Interest Rates

Auto loans

starting at 2.59%

Mortgage

starting at 3.5% 30 year rate

Personal loan

4.82%

Mortgage loan

$4.82%

Student Loan

5.74% to 11.85% 

Mortgage

4.250% 30 year rate