comparing accounts personal finance

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Personal Finance

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

your finding.

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