Comparing Accounts Assignment
Using the Internet, search for 3 banks located
in different parts of the country
. List the
checking accounts, savings accounts including money market accounts, and if available,
certificate of Deposit (CD) rate on a $5,000 1 year CD. You don’t need to list features of
every account if the bank has more than 3 basic types. Also look to see if the site lists
fees. If so, include those fees in your research.
The objective is to look for similarities and differences of various banks across the
Can we really “shop” for the best account or is it the same everywhere? You may want to
create a table for the information you find.
To complete the assignment, summarize
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