Nicole still has her checking account with her hometown bank and the ATM fees are killing her. Jack banks at the local credit union that has 10 ATMs around town and allows unlimited use of their own ATMs but charges for withdrawals from other bank-owned ATMs. Peter banks at a large national bank with ATMs all over the country. He likes his bank because he travels frequently back to Colorado and he can typically find an ATM of his bank when he travels; however, there are only 3 of the bank’s ATMs in this town. Leigh banks at a locally owned bank, which has purchased some of her art work. She likes banking with them because they gave her a car loan when she was a new teacher and didn’t have a long salary history; she feels very comfortable with the personal service they provide. All the banks have similar accounts and fees. Whose bank would you suggest Nicole switch her checking account to and why?

Jen is also still banking with her hometown bank. She plans to spend the summer in an internship at a resort in Florida and then will be back in town in the fall. Since she doesn’t plan on returning to her hometown during the summer break, she thinks it is time to change banks as well. Whose bank would you suggest Jen switch her checking account to and why?