https://padlet.com/2013000779/nq9nslxsqqeq2kr0 Unit 2 Banking Project en-us 2022-11-09 20:25:20 UTC 2025-11-28 15:27:59 UTC hello@padlet.com https://media2.giphy.com/media/Pxj2KTQfem75GWBxjo/giphy.gif 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482774 1) One Pro: No monthly maintenance fee for Students under 25 
2) One Con: No paper check writing available
3) Minimum Balance: Minimum balance to open $25.00
4) Overdraft Fee: No overdraft fees
5) Interest Rates (APY): None]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482774 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482777 1) One Pro: write checks 
2) One Con: must be 17 or older 
3) Minimum Balance: no minimun balance 
4) Overdraft Fee: offers 35$
5) Interest Rates (APY): none ]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482777 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482778 1) One Pro: no monthly service fee 
2) One Con: Minimum overdrawn balance required to trigger a fee
3) Minimum Balance: none 
4) Overdraft Fee: Minimum overdrawn balance required to trigger a fee]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482778 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482779 1) One Pro: No. Fees. Period. 
2) One Con: purchases made using third-party payment accounts (services such as Venmo® and PayPal®, who also provide P2P payments) may not be eligible for cash back rewards.
3) Minimum Balance:no minimum balance requirement.
4) Overdraft Fee: None
5) Interest Rates (APY): 3.00% ~4.00%
AP]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482779 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482780 10/20]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482780 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482781 The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina.


]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482781 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482783 Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan;[4] and managerial offices throughout the United States and internationally.]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482783 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482784 Navy Federal Credit Union (or Navy Federal) is a global credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). ]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482784 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482785 Discover Financial Services is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, etc. Discover Card is the third largest credit card brand in the United States, nearly 50 million cardholders. Discover is currently headquartered in the Chicago suburb of Riverwoods, Illinois.]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482785 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482786 4/4]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482786 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482787 15919 Paramount Blvd, Paramount, CA 90723
(562) 663-0511]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482787 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482788 4411 E Pacific Coast Hwy, Long Beach, CA 90804
+15627352510]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482788 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482789 4201 McGowen St Ste 270, Long Beach, CA 90808
+18888426328]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482789 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482790 1147 E South St, Long Beach, CA 90805
+17142616825]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482790 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482791 8/8]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482791 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482793 More than 4,000 branches
16,000 ATMs]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482793 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482794 5,200 branches, more than 12,000 ATM locations.

]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482794 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482796 350 branches worldwide, 30,000+ ATMs throughout the U.S. and Canada]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482796 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482797  has more than 60,000 no-fee ATMs, One Physical Branch]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482797 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482798 8/8]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482798 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482799 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482799 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482800 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482800 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482801 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482801 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482802 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482802 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482803 4/4]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482803 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482804 Money market is not offered]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482804 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482805 None]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482805 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482806 1) One Pro: provide higher rates 
2) One Con: a lot of money for bigger APY
3) Minimum Balance: 2,500$
4) Fee: none
5) Interest Rates (APY): 1.700%]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482806 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482807 1) One Pro: no fees 
2) One Con: 2.90% APY under 100,000 and 2.95% over 100,000
3) Minimum Balance: none 
4) Fee: none
5) Interest Rates (APY):2.90% APY under 100,000 and 2.95% ]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482807 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482808 5/20]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482808 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482810 1) One Pro: Personalized planning
2) One Con: $10 fee applies for each withdrawal or transfer exceeding 6 in a monthly statement cycle.
3) Minimum Balance: Required $100 to open it up; Maintain a minimum daily balance of at least $500 to avoid $8 maintenance fee
4) Fee: $8 Monthly Maintenance fee
5) Interest Rates (APY): 0.01%]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482810 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482811 1) One Pro: optional overdraft option
2) One Con:300$ minimum daily balance 
3) Minimum Balance: 25$
4) Fee: 5$ monthly fee 
5) Interest Rates (APY): 0.01%]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482811 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482813 1) One Pro: .0.25% APY
2) One Con: fees 
3) Minimum Balance: 5$
4) Fee: 35$
5) Interest Rates (APY): 0.25%]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482813 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482814 1) One Pro:  no fees 
2) One Con: long process 
3) Minimum Balance: none 
4) Fee: none
5) Interest Rates (APY):3.00%]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482814 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482815 5/20]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482815 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482816 Bank Type: Discover
Reason: Because of the interest rate and because it's online where I can easily see my money on it.]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482816 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482817 Bank Type: Bank of America
Reason: I Don't want to choose a different bank but also because it'd be the same bank where I have both my everyday spending and my emergency spending. ]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482817 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482818 Bank Type: Bank of america
Reason: it seems to be a very convenient thing. It would make getting my money easier as they are also everywhere. Need money go to my local bank.]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482818 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482819 0/15]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482819 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482820  FDIC]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482820 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482821 FDIC]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482821 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482822 The National Credit Union Administration (NCUA)]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482822 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482824 FDIC and the Delaware State Bank Commissioner]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482824 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482825 3/4 Wells Fargo incorrect]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482825 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482826 1) One Pro: Earn higher interest
2) One Con: No additional deposits until maturity
3) Minimum Balance: $10,000
4) Fee: Early withdrawal penalty applies
5) Interest Rates (APY): 0.05–2.50%]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482826 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482828 1) One Pro: pay higher interest rates 
2) One Con: 2,500$ minimum deposit opening 
3) Minimum Balance: 2,500$
4) Fee: no fees 
5) Interest Rates (APY): 0.30%]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482828 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482829 1) One Pro: High interest
2) One Con: Minimum deposit is 1k
3) Minimum Balance: 1,000
4) Fee: 90 days or more of the amount of money earn in those days
5) Interest Rates (APY): 4.25%]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482829 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482830 1) One Pro: no fees 
2) One Con: penalty to take money out ealry
3) Minimum Balance: none 
4) Fee: 2,500$
5) Interest Rates (APY): 4.00% and increase in time ]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482830 2013000779 https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482832 5/20]]> 2022-11-09 20:25:20 UTC https://padlet.com/2013000779/nq9nslxsqqeq2kr0/wish/2377482832