Class Assignment

• Create a professional investment account grid for 3 firms!!

• Investment items should include:
• Account Name (example: Individual, Custodial, etc)
• Description (special account designed for students high school through college)
• Initial deposit / opening deposit (example: $25.00 to open)
• Interest rates offered / Annual Percentage Yield (example: 0.03% APY)
• How the money is insured (example:SIPC insured limits)
• Service charges/Account Maintenance Fees (example: $15.00 monthly)
• Transaction limitations (example: only withdraw twice monthly)
• Penalty for early withdrawals or over limit withdrawals (example: 20% or $10.00
per transaction)
• Special features (example: can set up for overdraft protection or online banking)
• Number of ATM locations near you (example: 50 ATM locations)
• Tech savvy services (online banking, mobile banking)

© 2010 South-Western, Cengage Learning