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Financial Institutions Assignment
Financial Institutions Assignment
(Free Blue)
Arvest
First State
Bank
No monthly fee
Free debit
debit card
Free
card
$400 in overdraft
coverage
Cool Blue
Savings
No
No monthly
monthly service
service
Earns interest on the
daily
No minium to open
Free Arvest Piggy Bank
Savings
Certificate of
Deposit
Fixed/Variable rate
cerificates
cerificates
Intererest distribution
options
$1,000 minimum deposit
to open
Free
Checking
Consumer
Savings
$100
minmum opening
$100 minmum
opening
balance
$3
each
$3 fee
fee for
for each
transaction
Variable interest rate
Christmas
Club
$5 opening balance
No service charge
Checks
Checks mailed
mailed the
the 1st
1st
week of November
Money
Market
Savings