For this assignment, you will research information online about the differences between a regular bank, online bank (bank that does not have local branches only online) and credit union. You will answer the following questions for each:
- List each financial institution and its full URL and date retrieved. YOU CANNOT COPY/PASTE THE INFORMATION.
- What services does the financial institution offer (checking, savings, certificates of deposits)?
- What are interest rates, if any, are computed on checking, savings, certificates of deposits?
- How long does it take before any interest is applied to your account?
- List several types of fees (at least three)
- Does the financial institution offer specials for customers?
Based on your findings, which would you use for financial institution and why? Make sure this answer is detailed.