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A checking account is the most basic personal finance tool.
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There are other financial services that banks provid.
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Together, citigroup, wells fargo, bank of america and jp morgan chase make up the top four banks in america with chase bank being the largest. Maybe you have no clue what the difference is between nasdaq and the new york stock exchange. Regardless, the name charles schwab probably rings a bell. Having a trusted financial service provider is important as it is a safe place to hold and withdraw earned income. Visiting the local branch of a bank is a regular activity for millions of people, but have you ever stopped to think about what a bank actually does?
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