June 20, 2021
FIN4323-Summer 2021
Research Assignment #4
A- List all the products in the super set of product offerings and not those not offered by each
institution.
BOA- has remote deposit capture, direct deposit, part of their signature services are notary services,
estate services, medallion signature guarantee, elder financial care, account services- like going through
a divorce or marriage, and power of attorney services. Thye have retirement services that include
traditional IRA, Roth IRA, rollover, and savings IRA with Merrill Lynch. They offer mortgage loans and
refinancing options, including home equity. Of course, there is depository services, and they offer
several types of them including child savings accounts. They do also offer wire transfer services for their
customers. With both merchant and credit card services, they also offer a rewards program with it, to
incentivize their customers and their spending habits. Not only are their personal services offered, but
also services for small business, commercial, and business institutions for the larger corporations and
funding and financial services. Wealth management is going to be one of the main financial advisements
services as well that both BOA and Chase offer, and have departments dedicated to. Bank of America is
going to offer the same services that smaller community banks do, plus a whole lot more.
Chase- has remote deposit capture, direct deposit, wire transfer services, depository services, online
banking and statements, investments services, and home, auto, and mortgage loans. They include all the
