Exam Fin4324
• Question 2
2 out of 2 points Which of the following is true concerning branch offices?
Answer
Selected Answer:
Branch offices are generally cheaper to establish than chartering a whole new banking corporation • Question 3
2 out of 2 points The Jones State Bank is thinking about adding a branch office on the west side of Edmond, Oklahoma. Jones State Bank has done a survey of local residents near the area where they want to build and has discovered that most residents are in their 50's and 60's. Which factor would this address when considering whether to add a new branch?
Answer
Selected Answer:
Average age of the local population • Question 4
2 out of 2 points Which of the following would not be a telephone service a customer could get from a bank call center?
Answer
Selected Answer:
Access to their safety deposit box • Question 5
2 out of 2 points A so-called PIN gives a bank customer access to his or her account through a(n):
Answer
Selected Answer:
ATM
• Question 6
2 out of 2 points The Fred National Bank is thinking about adding a branch office on the west side of town. The Fred National Bank has done a survey and has discovered that the mean household income in the area is $76,000 per year. Which factor would this address when considering to add a new branch?
Answer
Selected Answer:
Average income level of households • Question 7
2 out of 2 points What is a bank holding company?
Answer
Selected Answer:
It is a corporation formed to hold the stock of one or more banks • Question 8
2 out of 2 points Many financial experts believe that the customers most likely to be damaged by decreased competition include:
Answer
Selected Answer:
Households and business in smaller cities and towns • Question 9
2 out of 2 points Under the Bank Holding Company Act control of a
2 out of 2 points Which of the following is true concerning branch offices?
Answer
Selected Answer:
Branch offices are generally cheaper to establish than chartering a whole new banking corporation • Question 3
2 out of 2 points The Jones State Bank is thinking about adding a branch office on the west side of Edmond, Oklahoma. Jones State Bank has done a survey of local residents near the area where they want to build and has discovered that most residents are in their 50's and 60's. Which factor would this address when considering whether to add a new branch?
Answer
Selected Answer:
Average age of the local population • Question 4
2 out of 2 points Which of the following would not be a telephone service a customer could get from a bank call center?
Answer
Selected Answer:
Access to their safety deposit box • Question 5
2 out of 2 points A so-called PIN gives a bank customer access to his or her account through a(n):
Answer
Selected Answer:
ATM
• Question 6
2 out of 2 points The Fred National Bank is thinking about adding a branch office on the west side of town. The Fred National Bank has done a survey and has discovered that the mean household income in the area is $76,000 per year. Which factor would this address when considering to add a new branch?
Answer
Selected Answer:
Average income level of households • Question 7
2 out of 2 points What is a bank holding company?
Answer
Selected Answer:
It is a corporation formed to hold the stock of one or more banks • Question 8
2 out of 2 points Many financial experts believe that the customers most likely to be damaged by decreased competition include:
Answer
Selected Answer:
Households and business in smaller cities and towns • Question 9
2 out of 2 points Under the Bank Holding Company Act control of a