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MT425 Unit 4 Discussion Question 2

MT425 Unit 4 Discussion Question 2
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MT425 / MT 425
Managerial Finance and Accounting
Kaplan University (KU Campus)

James Jiambalvo
Managerial Accounting, 4e
Hoboken, NJ: John Wiley & Sons.

Unit 4: Cost Measurement for Management

Unit 4 Discussion Question#2
Review the websites of at least one bank, one savings and loans, and one credit union, of your choice. Compare checking and savings account services offered by these institutions. While you read, consider why costs are important for decision making at these financial institutions and how these costs are incurred. The information gained from your Web Field Trip will be used to answer the following Discussion Question.

In the banking exercise, you reviewed the websites of at least one bank, one savings and loans. and one credit union. Relate to your classmates which financial institutions you reviewed and what you discovered, looking specifically at services offered and fees/minimum balance for those services. What are some of the similarities and differences that you found between these types of financial institutions? Do you think each of the financial institutions' services are targeted to meet specific consumer preferences? Which type would you prefer? Why?



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