Question
1. Evaluate what banking services are most important to you with a score of 10 for the most important and 1 for the least. You
1. Evaluate what banking services are most important to you with a score of "10" for the most important and "1" for the least. You must score a commercial bank, savings institution, credit union, and two other institutions from 1-10 on what is important. Then with the five institutions with respect to the services offered, rate the institutions from "5" as the best for that service to "1" as the worst. Two parts: Rate the services from 1=10 and rate the institutions from 1-5 with the services that are offered. The template will calculate scores for each institution. Banking Services Scorecard COMMERCIAL BANK SAVINGS INSTITUTION CREDIT UNION INSTITUTION 4 INSTITUTION 5 SERVICES OFFERED PRIORITY RANK SCORE RANK SCORE RANK SCORE RANK SCORE RANK SCORE 1. Hours of operations - evenings, Saturdays 2. Locations - proximity to work and home 3. Fees/Minimum balance for checking accounts 4. Fees for ATM usage 5. Interest rate on savings accounts 6. Interest rate on checking accounts 7. VISA/MasterCard available and annual fee 8. Interest rate on home loans 9. Interest rate on car loans 10. Safety deposit boxes and rental rates TOTAL SCORE FOR EACH INSTITUTION Decisions
1. Describe the services and characteristics that are of prime importance to you in a financial institution. 2. Which of the financial institutions you evaluated is most optimal for your needs? Why?
I wanted to use PNC Bank, Metropolitan Savings Bank, any credit union, Charles Swaab for an institution and any other kind for the fifth institution. Have to rate the 5 from 1=10 with the 10 services listed and Then with the five institutions with respect to the services offered, rate the institutions from "5" as the best for that service to "1" as the worst Please answer these questions Describe the services and characteristics that are of prime importance to you in a financial institution.
2. Which of the financial institutions you evaluated is most optimal for your needs? Why?
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