Question: Ch 1 6 Mini - Case During Red's time as head of the Bank of Bramblewood, the bank offered three services: time deposits, demand deposits,
Ch MiniCase
During Red's time as head of the Bank of Bramblewood, the bank offered three services: time deposits, demand deposits, and home and business loans.
Under Patty's leadership, the bank offers those same services, a variety of investment opportunities such as mutual funds and bonds, and
supports a number of services such as paying bills directly from customers' accounts, direct deposit, and transferring money.
also holds several certitications with the American Institute of banking. "What Granddad achieved during his era was truly
remarkable," Patty points out. "But times have changed, and banking regulations and bank competitors have certainly
and take advantage of new opportunities. The Bank of Bramblewood has always operatern to work with new technologies,
customers and we will continue to do so But we must serve them more efficiently and creatively than in the past
Multiple Choice
passbook banking
demand deposits
online banking
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