Answer the following questions about this data: Some of the non-bank services that BoA offers that other banks do not include; account management, payroll services, and remote deposits online. The payroll services are handled with great accuracy and easiness, offering suggestions and personalization for the correct instruments and services to the bank (FRED, 2020).

In regards to Jacksonville bank, the non-bank products or services offered solely by this bank are checking accounts and wealth management. The checking accounts are suitable for the company's clients to experience the benefits of mobile-friendly cash management tools, along with earning interest on the cash in their account (FRED, 2020).

List of non-banking products or services offered by CFCU is huge ranging from school savings accounts, community savings accounts, wedding loans, Christmas loans, furniture and appliance loans, to medical health plan, and night deposit services (CFCU Online, 2020).

Comparing the non-banking services/products offered by BoA and Jacksonville bank shows minor differences. The remote deposit option by BoA allows clients to deposits checks online remotely from their home or workplace, bearing no additional charges upon receiving a free check scanner. Also, the payroll services ease the transaction process of finances and make its secure (ICE BofA, 2020). On the other hand, wealth management services by Jacksonville Bank is fairly similar to those offered by BoA as it involves mutual funds and asset management services.

However, there are major differences in products and services offered by CFCU (stated above) as they comprise not only on loan benefits to people but healthcare facilities too, which none of the two banks offers. The family medical health plan by CFCU covers the major proportion of medical expenditures along with laboratory services. Besides, the 'night deposit' facility offers its clients to deposit an amount into their account even after the closure of Credit Unions (CFCU Online, 2020).

• How does the data/information presented expand your knowledge from that presented in the book?
• What did the research make you more aware of that was not obvious from the book and module?
• How has the research changed your perspective about the topic or about banking