3. Do a Google search, using the name of your city and “online banking.” Examine the sites returned to determine:

a. How often is the account balance updated online?

b. Are monthly account statements available online?

c. How far back (one month, two months, one year) can you retrieve statements and transactions?

d. Can you electronically transfer funds among your accounts?

e. Can you electronically pay bills?

f. Can you download bank account information into your small business computerized accounting system? If so, which systems are supported?

g. What is the cost of online banking?

Make a chart of your findings and report to your class.