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Felicia Kobayashi has been using the same financial institution since she moved to Springfield in 1995. Since that time, there's been a lot of consolidation
Felicia Kobayashi has been using the same financial institution since she moved to Springfield in 1995. Since that time, there's been a lot of consolidation in the banking industry, and her formerly local bank has been bought up by a national conglomerate. After the resulting layoffs in the small branch office where she usually conducts business, Felicia began to notice that it took much longer to make deposits and withdrawals, whether at the drive-through teller or inside the office. As a result, she's considering switching her business to a different financial institution. She currently maintains a regular checking account for paying bills and has a savings account with $15,000 in it. Based on what you've learned in this chapter, outline a plan for Felicia to use in choosing a new bank and deciding among alternative account choices.
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