Credit Unions are better than banks because credit union are more tailored to their customers.?

Credit Unions are better than banks because credit union are more tailored to their customers.?
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Credit Unions are better than banks because credit union are more tailored to their customers.
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If millions of people moved their money from banks to credit unions over the course of a year, what impact would that have on the economy?

Description : If millions of people moved their money from banks to credit unions over the course of a year, what impact would that have on the economy?

Last Answer : answer:It would affect the profitability of big banks, but not necessarily have nay impact on consumers. If it was big enough, large banks would need to offer products to re-attract consumers, such as ... directly dependent on consumer demand. So there might be a bump up in car and house buying.

Are Banks and credit unions are the only types of financial institutions?

Description : Are Banks and credit unions are the only types of financial institutions?

Last Answer : Need answer

hi...are money market accounts in banks and credit unions insured?

Description : hi...are money market accounts in banks and credit unions insured?

Last Answer : For the most part these type of accounts are not backed by the FDIC. You should check your local banking institution to make sure.

How are credit unions different from other banks?

Description : How are credit unions different from other banks?

Last Answer : Credit unions are different from banks in how they handle your money and the services they provided for their customers. Credit unions are smaller, locally run and managed, and have really solid customer ... passport" type kits. Each time you deposit money, they make a note in your "passport".

Which of the following refers to creating products tailored to individual customers? a. customization b. aggregation c. Direct materials d. Reverse auction

Description : Which of the following refers to creating products tailored to individual customers? a. customization b. aggregation c. Direct materials d. Reverse auction

Last Answer : a. customization

Sub-prime lending refers to ________ A. lending done by banks at rates below PLR B. Funds raised by the banks at sub-libor rates C. Group of banks which are not rated as prime banks as per Banker‘s Almanac D. lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards E. All of the Above

Description : Sub-prime lending refers to ________ A. lending done by banks at rates below PLR B. Funds raised by the banks at sub-libor rates C. Group of banks which are not rated as ... institutions including banks to customers not meeting with normally required credit appraisal standards E. All of the Above

Last Answer : D. lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards Explanation: In finance, subprime lending (also referred to ... schedule, sometimes reflecting setbacks, such as unemployment, divorce, medical emergencies, etc.

SBI card is going to launch a co-branded credit cards for the customers of private sector bank A) Karnataka Bank B) Federal Bank C) City Union D) South Indian Bank E) RBL Bank

Description : SBI card is going to launch a co-branded credit cards for the customers of private sector bank A) Karnataka Bank B) Federal Bank C) City Union D) South Indian Bank E) RBL Bank

Last Answer : D) South Indian Bank Explanation: South Indian Bank, leading private sector bank, and SBI Card, one of India‘s leading Credit Card issuers, announced the launch of co-branded credit cards for the customers of South Indian Bank.

Why do folks use banks if a credit union is available?

Description : Why do folks use banks if a credit union is available?

Last Answer : I think you answered your question in your details. People who can use a credit union probably do; people with no access to one are forced to use banks.

Will Amero be NAU's North American Union's currency in 2010? Just like EU European Union has its' Euro.

Description : Will Amero be NAU's North American Union's currency in 2010? Just like EU European Union has its' Euro.

Last Answer : Given time I think that there will become a world currency. Not sure if an Amero type currency will proceed it.

Air force installations perform threat assessments to ensure they are prepared to employ threat-specific countermeasures tailored to support the missions of their instalations?

Description : Air force installations perform threat assessments to ensure they are prepared to employ threat-specific countermeasures tailored to support the missions of their instalations?

Last Answer : 1

If you had a really nice Starfleet dress uniform, either bought, tailored, or selfmade for Comic Con, could you wear it to court, without risk of being held in contempt thereof?

Description : If you had a really nice Starfleet dress uniform, either bought, tailored, or selfmade for Comic Con, could you wear it to court, without risk of being held in contempt thereof?

Last Answer : Fascinating question.

Can a sweater dress be tailored?

Description : Can a sweater dress be tailored?

Last Answer : You really do miss your tailor don’t you?

If you could afford the price, would you pay $100.00 per shirt and slacks or skirt to have them custom sewn and tailored to your body?

Description : If you could afford the price, would you pay $100.00 per shirt and slacks or skirt to have them custom sewn and tailored to your body?

Last Answer : If I could afford it, I would do it. I have a very hard time finding clothes that fit my body. I usually have to make some kind of sacrifice with my clothing (the top part of the shirt ... ). I usually end up doing some alterations or settling for clothes that could look better if they fit properly.

Do I need to dry clean my suit before I get it tailored?

Description : Do I need to dry clean my suit before I get it tailored?

Last Answer : A suit that nice should certainly have been made out of preshrunk fabric. Good lord. But if you’ve been wearing it much, it should be cleaned so that the tailor’s contact with it will be pleasant. Especially the tailor’s contact with the pants.

Are the panties tailored under the uniform?

Description : Girls in uniform are required to have what kind of panties to wear under the uniform?

Last Answer : Not specified, but under white uniforms it is not advantageous to wear black panties, etc.

What evasion aid is tailored?

Description : What evasion aid is tailored?

Last Answer : Need answer

How to Measure Yourself For a Tailored Men's Shirt?

Description : How to Measure Yourself For a Tailored Men's Shirt?

Last Answer : Investing in a fine, button-up shirt doesn't have to be anarduous process. It definitely helps to have someone on hand whoknows the ins and outs of the textile trade, but in the event ... found in thecraft section of most giant retailers, or in smaller retail storesthat specialize in crafts or sew

Should my resume writing be tailored to each job?

Description : Should my resume writing be tailored to each job?

Last Answer : You should definitely have specific resumes and cover letters for each job. It's best to have a couple different resumes, tailored to the types of companies you're applying to. The cover letter, however, ... re a good fit for both. A general cover letter wouldn't allow for this type of specificity.

________ is a standard whereby mobile phones can gain access to specially tailored Internet websites. A. Bluetooth B. GPRS C. WAP D. EDGE

Description : ________ is a standard whereby mobile phones can gain access to specially tailored Internet websites. A. Bluetooth B. GPRS C. WAP D. EDGE

Last Answer : C. WAP

The advantage of following the IEEE Standard for drawing up aProject Management Plan (SPMP) – see IEEE Standard 1059.1 1987 – is a) It is drawn up by representatives from major development organisations b) It is designed for all types of products c) It is a framework that can be used irrespective of process model or specific techniques d) It can be tailored for each organisation for a particular applicationarea, development team or technique. e) All of the above.

Description : The advantage of following the IEEE Standard for drawing up a Project Management Plan (SPMP) - see IEEE Standard 1059.1 1987 - is a) It is drawn up by representatives from major  ... each organisation for a  particular applicationarea, development team or  technique. e) All of the above.

Last Answer : e) All of the above.

When a company strives to appeal to multiple well defined market segments with a strategy tailored to each segment, it is applying a. undifferentiated marketing b. differentiated marketing c. concentrated marketing d. the majority fallacy

Description : When a company strives to appeal to multiple well defined market segments with a strategy tailored to each segment, it is applying a. undifferentiated marketing b. differentiated marketing c. concentrated marketing d. the majority fallacy

Last Answer : b. differentiated marketing

Which of the following is not a feature of a transnational corporation? A. Decision making takes place at the local level. B. Nationals are typically hired to run operations in each country. C. Marketing strategies are tailored to each country’s culture. D. Products are manufactured only in the local country.

Description : Which of the following is not a feature of a transnational corporation? A. Decision making takes place at the local level. B. Nationals are typically hired to run operations in each country. C. ... are tailored to each country's culture. D. Products are manufactured only in the local country.

Last Answer : Products are manufactured only in the local country.

A _______ system uses components to assemble services that can be tailored for a specific purpose using standard parts. a) reliable b) scalable c) composable d) none of the mentioned

Description : A _______ system uses components to assemble services that can be tailored for a specific purpose using standard parts. a) reliable b) scalable c) composable d) none of the mentioned

Last Answer : composable

Do most banks offer the same products and services to their customers?

Description : Do most banks offer the same products and services to their customers?

Last Answer : In general banks lend money and pay interest on savings. The large banks often are in insurance and fiancial planning as well, thus some banks do more than normal banking activities.

Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers

Description : Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers

Last Answer : (2) Central bank gives loans to Commercial banks Explanation: Bank rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are very short in duration.

The interest rate charged by banks on short term loans to their largest, most secure and most creditworthy customers is called _______

Description : The interest rate charged by banks on short term loans to their largest, most secure and most creditworthy customers is called _______

Last Answer : Prime lending rate

Why banks having less focus on customer although they use direct marketing ? 1. Due to lack of appreciation of need for marketing in banking 2. Banks do not need customers much 3. Direct marketing never gives importance to customers 4. Banks need money than customers 5. None of these

Description : Why banks having less focus on customer although they use direct marketing ? 1. Due to lack of appreciation of need for marketing in banking 2. Banks do not need customers much 3. Direct marketing never gives importance to customers 4. Banks need money than customers 5. None of these

Last Answer : Due to lack of appreciation of need for marketing in banking

What do banks do with the deposits they accept from customers ? -SST 10th

Description : What do banks do with the deposits they accept from customers ? -SST 10th

Last Answer : Banks use most of the deposits to extend loans to people.

In a Bank’s database, there are two tables ‘Customer’ and ‘Transaction’ as shown below. Write a query to display customer’s name who has -Technology

Description : In a Bank’s database, there are two tables ‘Customer’ and ‘Transaction’ as shown below. Write a query to display customer’s name who has -Technology

Last Answer : (i) Select cust_name from customer c,transaction t where c.Acc_No=t.Acc_No and Transaction_Type= 'Debit';(ii)Select cust_name, t.* from customer c, transaction t where c.Acc_No=t.Acc_No;(iii) ... total amount of all type of transactions, it will only display the total of credit transactions only.

What is the role of "Ombudsman" in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To inspect the internal working of the branches. (4) To monitor the poverty alleviation programmes under-taken by or implemented by the bank.

Description : What is the role of "Ombudsman" in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To ... the branches. (4) To monitor the poverty alleviation programmes under-taken by or implemented by the bank.

Last Answer : (1) To provide quality and speedy redressal of grievances of customers. Explanation: The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating ... Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995.

Kotak Mahindra Bank has enabled which of the following banks online shopping portal on its mobile banking app to provide seamless shopping experience for its customers? A) Flipkart B) Snapdeal C) Amazon India D) Ebay India E) Mytra

Description : Kotak Mahindra Bank has enabled which of the following banks online shopping portal on its mobile banking app to provide seamless shopping experience for its customers? A) Flipkart B) Snapdeal C) Amazon India D) Ebay India E) Mytra

Last Answer : A) Flipkart Explanation: Private sector lender Kotak Mahindra Bank has enabled online shopping portal Flipkart in its mobile banking application in order to ensure a seamless shopping experience for its ... mode. Through this integration the bank will try to solve that problem for our customers.

For customers of how many banks, the UPI mobile application is going to launch in the first phase? A) 21 B) 19 C) 15 D) 25 E) None of these

Description : For customers of how many banks, the UPI mobile application is going to launch in the first phase? A) 21 B) 19 C) 15 D) 25 E) None of these

Last Answer : A) 21 Explanation: According to NPCI, the UPI application of 19 banks can be downloaded from Google Play Store in next two to three working days. The list of banks providing the app on Google ... k The customers of IDBI Bank and RBL Bank can download any UPI enabled apps and link their account.

Marketing in Banks is required for ? 1. Getting new customers 2. Retaining existing customers 3. Lending 4. D) Accepting of deposits 5. All of these

Description : Marketing in Banks is required for ? 1. Getting new customers 2. Retaining existing customers 3. Lending 4. D) Accepting of deposits 5. All of these

Last Answer : All of these

What is 'Bank rate'? a) The rate at which commercial banks borrow money from RBI b) The rate at which commercial banks lend money to customers c) The rate at which commercial banks lend money to RBI d) none of the above

Description : What is 'Bank rate'? a) The rate at which commercial banks borrow money from RBI b) The rate at which commercial banks lend money to customers c) The rate at which commercial banks lend money to RBI d) none of the above

Last Answer : a) The rate at which commercial banks borrow money from RBI Bank rate is the rate at which commercial banks can borrow money from the RBI. If the rate is higher, then taking money from RBI becomes difficult, so the banks will lend less to public. And vice-versa.

What is the Cash Reserve Ratio (CRR)? a) the fraction of the deposits that commercial banks lend to the customers b) the fraction of the deposits that RBI must keep with commercial banks c) the fraction of the deposits that commercial banks must keep with RBI d) none of the above

Description : What is the Cash Reserve Ratio (CRR)? a) the fraction of the deposits that commercial banks lend to the customers b) the fraction of the deposits that RBI must keep with commercial banks c) the fraction of the deposits that commercial banks must keep with RBI d) none of the above

Last Answer : c) the fraction of the deposits that commercial banks must keep with RBI

What is the reserve deposit ration (rdr)? a) the proportion of money RBI lends to commercial banks b) the proportion of total deposits commercial banks keep as reserves c) the total proportion of money that commercial banks lend to the customers d) none of the above

Description : What is the reserve deposit ration (rdr)? a) the proportion of money RBI lends to commercial banks b) the proportion of total deposits commercial banks keep as reserves c) the total proportion of money that commercial banks lend to the customers d) none of the above

Last Answer : b) the proportion of total deposits commercial banks keep as reserves

In electronic cheque payments developed, it is assumed that most of the transactions will be a. customers to customers b. customers to business c. business to business d. banks to banks

Description : In electronic cheque payments developed, it is assumed that most of the transactions will be a. customers to customers b. customers to business c. business to business d. banks to banks

Last Answer : c. business to business

What is the role of “Ombudsman” in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To inspect the internal working of the branches. (4) To monitor the poverty alleviation programmes undertaken by or implemented by the bank.

Description : What is the role of Ombudsman in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To ... of the branches. (4) To monitor the poverty alleviation programmes undertaken by or implemented by the bank.

Last Answer : To provide quality and speedy redressal of grievances of customers.

C) Doha Bank Explanation: A Qatar-based Indian banker has been awarded for his contribution in environment friendly activities and for promoting green economy for nearly two decades. R Seetharaman, Group CEO of Doha Bank, was honoured with the ‗Green Economy Visionary award‘ at the 2016 Union of Arab Banks International Banking Summit held in Rome.

Description : C) Doha Bank Explanation: A Qatar-based Indian banker has been awarded for his contribution in environment friendly activities and for promoting green economy for nearly two decades. R Seetharaman, ... Visionary award at the 2016 Union of Arab Banks International Banking Summit held in Rome.

Last Answer : The Department of Posts launched a logo and tagline design contest for its soon-tobe set up India Post Payments Bank on which of the following website? A) GovPost B) IndianPost C) MyGov D) PayPost E) None of these

Star Union Dai-Ichi Life insurance is a life insurance joint venture between life insurer Dai-Ichi and which banks? A) Indian Overseas Bank and United Bank of India B) Bank of India and Union Bank C) Canara Bank and Bank of India D) Allahabad Bank and OBC Bank E) Union Bank and Bank of Baroda

Description : Star Union Dai-Ichi Life insurance is a life insurance joint venture between life insurer Dai-Ichi and which banks? A) Indian Overseas Bank and United Bank of India B) Bank of India and Union Bank C) Canara Bank and Bank of India D) Allahabad Bank and OBC Bank E) Union Bank and Bank of Baroda

Last Answer : B) Bank of India and Union Bank Explanation: Star Union Dai-Ichi Life insurance = Japan‘s largest life insurer Dai-Ichi + Bank of India + Union Bank

Which of these credit card features would be best for customers who think they might need to use their credit card to borrow money?

Description : Which of these credit card features would be best for customers who think they might need to use their credit card to borrow money?

Last Answer : no fees for cash advances

. A credit memorandum is prepared when a. an employee does a good job. b. goods are sold on credit. c. goods that were sold on credit are returned. d. customers refuse to pay their accounts.

Description : . A credit memorandum is prepared when a. an employee does a good job. b. goods are sold on credit. c. goods that were sold on credit are returned. d. customers refuse to pay their accounts.

Last Answer : c. goods that were sold on credit are returned.

The bank has to have the public keys of all customers in SET protocol as it has to a. check the digital signature of customers b. communicate with merchants c. communicate with merchants credit card company d. certify their keys

Description : The bank has to have the public keys of all customers in SET protocol as it has to a. check the digital signature of customers b. communicate with merchants c. communicate with merchants credit card company d. certify their keys 

Last Answer : a. check the digital signature of customers 

Commercial banks create credit - (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Description : Commercial banks create credit - (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Last Answer : (4) on the basis of their deposits Explanation: Commercial banks create credit on the basis of their deposits. Credit creation is the multiple expansions of banks demand deposits. Whenever, ... will depend on the primary deposits and also on the amounts of minimum legal resource requirement.

Banks issue a letter to beneficiary on behalf of its constituents like guarantee for making payment on their behalf on fulfilment of its terms and conditions. What is this arrangement known in banking context? A. Line of Credit B. Loan to Client C. Loan on Credit D. Letter of Credit

Description : Banks issue a letter to beneficiary on behalf of its constituents like guarantee for making payment on their behalf on fulfilment of its terms and conditions. What is this arrangement known in banking context? A. Line of Credit B. Loan to Client C. Loan on Credit D. Letter of Credit

Last Answer : D. Letter of Credit Explanation: A letter issued by a bank to another bank (especially one in a different country) to serve as a guarantee for payments made to a specified person under specified conditions.

Commercial banks create credit (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Description : Commercial banks create credit (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Last Answer :  on the basis of their deposits

Sometimes aren't the unions really more of the problem than the solution?

Description : Sometimes aren't the unions really more of the problem than the solution?

Last Answer : In my last contract, my union gave back $3500 a year I would normally get. It didn't matter that my company is making record profits. When I wonder if we really need unions, I look at the ... are doing good work, and protecting the employee from a company that would love to profit from firing you.

Have Unions outlived their usefullness?

Description : Have Unions outlived their usefullness?

Last Answer : Unions have been rendered almost non-existant in the private sector and are being hobbled and emasculated in the public sector. What we have as a result is runaway corporate profits and a stagnant at best middle ... there is as much of a need for unions as ever but fear they are a dying concept.

Will the new credit card laws in the U.S. reinstate old interest rates for the customers they gouged before the new law?

Description : Will the new credit card laws in the U.S. reinstate old interest rates for the customers they gouged before the new law?

Last Answer : Actually, what I read and the notice I recieved from MasterCard, interest rates are going up to close to 30%. I am going to see if our local loan shark issues plastic. I think we can ... credit card interest rates, and 30% healt insurance premimums. Do you wonder why the middle class is shrinking?