Schools Selling Bank Accounts

Which do you believe is the best option? Explain why.

1. Sign a contract that provides the university with an incentive for each account opened. Both the university and bank are providing students with special benefits. So it is all right if the school is compensated based on volume.

2. Sign a flat-fee contract only. Schools should not receive an incentive for each account opened, but they should be compensated for allowing the bank to have an increased presence on campus.

3. Refuse to sign a contract. Schools should be neutral parties and not be promoting banks.