Which are two advantages of having an account at a local community bank versus a national bank?

A. Community banks are typically larger and more well-known than national banks
B. Community banks typically have LOWER fees and charges when compared to a national bank
C. Community banks typically have HIGHER fees and charges when compared to a national bank
D. Community banks typically give back and support the local community

Question

05-06-2024
Business

Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Which are two advantages of having an account at a local community bank versus a national bank?

A. Community banks are typically larger and more well-known than national banks
B. Community banks typically have LOWER fees and charges when compared to a national bank
C. Community banks typically have HIGHER fees and charges when compared to a national bank
D. Community banks typically give back and support the local community

Sagot :

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.

Which crop has become a major part of Argentina's economy because it does not need much fertilizer, and it has a variety of uses? A corn B. soybeans С wheat

"I am ashamed that women are so simple To offer war where they should kneel for peace; Or seek for rule, supremacy and sway When they are bound to serve, love,

5. If p-p-16 then 3p-7=

Find the measure of the missing angles.

Nine months ago Alexa deposited $5,882 in a three-year CD. She has received $229 in interest. She withdraws $1,214. This is before the CD matures, so she pays a

Slope of (8,-8) (1,6)

Your buyer clients, the Thompsons, told you about a problem they ran into with the lender that handled their mortgage. The Thompsons, who are African American,

PLEASE HELP!! I WILL MARK THE FIRST CORRECT ANSWER BRAINLIEST!!)) A cylinder has a height of 17 inches and a diameter of 16 inches. What is its volume? Use 3.1

The energy transferred from the water in the kettle to the surroundings in 2 hours is  46 200 J.Calculate the average power output from the water in the kettle

The price of a pair of ahoes increases from $55 to $72. What is the percent increase to the nearest percent

masifakrami masifakrami · Answer 1 · 2024-06-05T14:58:51-04:00

Answer:

The two advantages of having an account at a local community bank versus a national bank are:

B. Community banks typically have LOWER fees when compared to a national bank

D. Community banks typically give back and support the local community

Explanation:

1. Lower fees (B):- Community banks often have lower fees compared to national banks. This can include lower monthly maintenance fees, lower overdraft fees, and fewer hidden charges. These banks focus on providing affordable banking services to their local communities.

2. Support for the Local Community (D):- Community banks are deeply integrated into the local community. They often reinvest in the community by supporting local businesses, participating in local events, and providing loans to local entrepreneurs. This local focus can lead to a stronger relationship between the bank and its customers.

Conclusion:

The two main advantages of having an account at a local community bank over a national bank are typically lower charges (B) and strong support for the local community (D).

Sagot :

Other Questions