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Chase Bank

Transcript: Caroline Crump Mortgage Chase Bank Student Services Savings Accounts Chase Bank has helped prevent almost half a million foreclosures with mortgage loan modifications, Chase has a section where you can even apply for assistance if you need help paying your mortgage loans. Chase Bank offers a debit card which has Real-Time fraud monitoring, which they will call you if they see a purchase that is out of character from your normal spending habits to make sure it is yours. This card is accepted at millions of locations worldwide. You can even pay your bills over the phone or online. Bibliography http://www.chase.com Chase Bank offers three types of credit cards with the titles of 'Chase Freedom', 'Slate', and 'Chase Sapphire Preferred'. The Chase Freedom card has several benefits such as 5% cash back every three months on places like gas stations, restaurants, and Amazon.com. You will also earn 1% cash back on all purchases with no limit and there are no annual fees. The Chase Slate card offers 0% APR for 15 months on purchases and balance transfers. You are not required to pay a balance fee when you transfer a balance in the first 60 days your account is open. This card has Fraud Protection which constantly watches for signs of suspicious behavior on the account. Plus there is a $0 annual fee. The Chase Sapphire Preferred card offers 5k additional bonus points when you add the first authorized user and make a purchase in the first three months. You also pay no foreign transaction fee when you use your card on purchases out of country. Chase Bank offers a 'Chase Savings' account which earns interest, FDIC insurance protection, has 20k ATM's nationwide. You also have to keep a balance of at least $300. Chase Credit Cards Chase Bank offers several services for students such as Checking Accounts, Account Alerts, Online Banking, Text Banking, and ATM Locator. Account Alerts will tell you when your transactions or ATM withdrawals exceed your limit, and there is no charge for alerts but data rates may apply. Kate Lakner Chase Debit Card http://www.internetexplorer.com Shae' la Worsley

Chase Bank

Transcript: Chase Bank Freedom Card I think that the Bank of America Cash Rewards card is a better card because you get a $100 cash rewards bonus after you make at least $500 in purchases within 90 days of account opening and 1% cash back on purchases, 2% at grocery stores and 3% on gas for the first $1,500 in combined grocery store and gas purchases each quarter Any Questions? APR: Introductory 0% APR for your first 12 billing cycles for purchasest. After that, a Variable APR that’s currently between 12.99% and 22.99% will apply Annual Fee: None Late Fee: Up to $35 Over the limit fee: N/A Transaction Fees:• Balance Transfers Either $10 or 3% of the amount of each transaction, whichever is greater. • Cash Advances Direct Deposit and Check Cash Advances: Either $10 or 3% of the amount of each transaction, whichever is greater. Grace Period: N/A Rewards for use:Get a $100 cash rewards bonus after you make at least $500 in purchases within 90 days of account opening Other Features:1% cash back on purchases, 2% at grocery stores and 3% on gas for the first $1,500 in combined grocery store and gas purchases each quarter Bank of America Cash Rewards Card The two cards that I decided to use were from Chase Bank and Bank of America. From Chase I chose the freedom car and from Bank of America I chose the rewards card. Intro APR: 0% Intro APR for 15 months on purchases. After the intro period, a variable APR of 13.99%, 18.99% or 22.99% Annual Fee: None Late Fee: Up to $15 if the balance is less than $100; up to $25 if the balance is $100 to less than $250; up to $35 if the balance is $250 or more Over the limit fee: None Transaction Fees: Balance Transfers-Either $5 or 3% of the amount of each transfer, whichever is greater. Cash Advances-Either $10 or 3% of the amount of each transaction, whichever is greater. Grace Period: 21 days Rewards for use: You will get a $100 Bonus after you spend $500 in your first 3 months from account opening. Other Features: 1% Cash Back on all other purchases without limits on what you can earn. Conclusion Freedom Card vs. Rewards Card By: Tia Leaphart

Chase Bank

Transcript: Benefits Chase Debit Card The Chase Debit Card gives you access to our 15,500 ATMs, and you can make purchases anywhere that accepts Visa debit cards. A chip adds another layer of security when used at a chip card reader. During the chip transaction, the chip produces a single-use code to validate the transaction—further protecting cards from unauthorized use. Learn more at chase.com/chip Chase OnlineSM Banking and Online Bill Pay1 We deliver most payments electronically in two business days or less No envelopes, stamps or hassles Pay bills in minutes, virtually whenever and wherever you like Includes our Online, On Time Guarantee Chase Mobile® Banking2 We offer a wide range of alerts that help you stay in control of your finances, help keep your accounts safe, and help avoid overdrafts. With Account Alerts we'll notify you via text if your account dips below a preset limit or becomes overdrawn. Then simply send back a text to transfer funds. Access to 15,500 Chase ATMs and 5,300 branches nationwide Our Chase ATM and branch network is big—and growing. And if you're somewhere unfamiliar you can find the nearest branch or ATM using the Chase Mobile App on your eligible mobile device. $25 Minimum Deposit to Open Accounts they offer Chase College Checking For college students 17-24 years old at account opening, with proof of student status Access to 15,500 ATMs and 5,300 branches Chase Debit Card with chip technology 24/7 Customer Service No Monthly Service Fee for up to five years while in college After graduation or five years: $6 Monthly Service Fee, waived with one of the following each monthly statement period: - Direct Deposit1 made to this account - OR, $5,000 monthly average daily balance in this account Chase High School CheckingSM For students 13-17 years old at account opening. The account is required to be opened with a parent/guardian as a co-owner and they must have a linked personal Chase checking account Access to 15,500 ATMs and 5,300 branches Chase Debit Card with chip technology 24/7 Customer Service No Monthly Service Fee Until Student is Age 19 If parent or guardian no longer maintains a personal checking account before the student is age 19: $6 Monthly Service Fee, waived with one of the following each monthly statement period: - Direct Deposit1 made to this account -OR, $5,000 monthly average daily balance in this account When the student turns 19, the Chase High School Checking account will become a Chase Total Checking® account Chase Total Checking Direct Deposits totaling $500 or more made to this account5 OR, a $1,500 or more minimum daily balance in this account OR, an average daily balance of $5,000 or more in qualifying linked deposits/investments D'Niah Brooks, Natoya Willborn Chase High School/ College Chase Bank Chase Total Checking Fees. MONTHLY FEE $12. MIN BALANCE TO AVOID MONTHLY FEE $1500. Minimum Account Balance Checking Accounts Savings Accounts Military Banking High School Checking Account Chase College Checking Chase Premier Checking

Chase Bank

Transcript: High capital requirements Government regulation Economies of scale Brand recognition/Customer Loyalty Industry Trends Medium-High End result is a unique product: Increase revenue for partners Save customers money (Increased Goodwill) Increase revenue for organization while decreasing cost Improved marketing capabilities and statistical analysis Improved image --Leader in innovation, save members money, etc Differentiation est. 1905 Revenue:US$ 102.694 billion Assets: US$ 2.118 trillion Create smaller, more personal branches Provide extensive training for MSRs and auditors (Cross-selling and Audit) Create foreclosure document execution policies and procedures Use social media to educate Leverage large consumer base information for more focused advertising Target younger audience to create brand loyalty Inbound – Capital Structure, Alliance Partners, Regulatory Agencies Operations – Deposits, Payment processing, Loans, Credit Cards Outbound - Branch Store, Telephone Banking, ATM’s , Mail Marketing/Sales - New Accounts, Branding, Cross Selling, Public Relations Service – Banking/ Investment products, Business/Wealth Mgt Services, Lobby Services Firm Infrastructure - Asset/Liability Mgt, Risk Mgt, Strategic Planning HR - Recruiting, Training, Performance Management, Incentives Technology – CRM, Operations efficiencies, Positioning Procurement – Strategic Sourcing, Vendor Selection Recommendations External Analysis O High Washington Mutual Chemical Bank Supplier Power Plethora of suppliers Cost relative to total purchases in industry is high Importance of sale to supplier Clearing houses (low-medium) Bank of the Manhattan Co. second largest bank by market capitalization 6335 Retail branches 12,000 ATM's 280,000 employees merged 1961 Internal Analysis Have good corporate responsibility Serve consumers and institutions Developing Communities Global Philanthropy Being Diverse Being aware of environmentally impact Competitive Rivalry ARENAS – Currently active across the United States. About 5,100 branches nationwide. Target Market is consumers and businesses. VEHICLES – Subsidiary of JPMorganChase. Merged with JP Morgan in 2000. Merged with Bank One Corporation in 2004. Bought out Washington Mutual in 2008. STAGING – CHASE will expand wherever it feels it will benefit their customers. Plan on being very aggressive in adding additional branches in the next 3-5 yrs. DIFFERENTIATORS – State of the art financial capabilities via technology. Very convenient for those on travel. Offer various Checking Services, Free Mobile Banking, etc. ECONOMIC LOGIC – One of their many sources of income comes from the financial service that they provide. Political/Legal Segment Antitrust laws Bank Merger Act of 1960 Bank Holding Company Act of 1956 Sherman Antitrust Act of 1890 Clayton Act of 1914 Deregulation Gramm-Leach-Bliley Act Technological Segment ATM Online banking Mobile banking Global Segment Diverse clientele Operate in multiple countries acquired 2004 J.P. Morgan & Co. Use extensive network of partners to generate additional revenue to offset losses due to government regulations Chemical Bank Be at the top of its category by offering excellent consumer and business banking services : (Home , Auto, Education finance, Commercial real estate, and business credit). Achieving Operational Excellence by : keeping a strong balance sheet during good and bad economic times, and implementing the best operations systems. Maintaining great working teams by : hiring, training and retaining employees with great ethical mindsets and offering great incentives in exchange for good performance. merged 1986 Very High Use social media to advertise, therefore lowering marketing expenses Buyer Power Low switching cost Brand identity Price Sensitivity Low Product differentiation merged 1995 Major Objectives General Environment est. 1799 Texas Commerce Bank Bear Stearns & Co. est. 1873 Brenda Davila Anthony Ochoa Carlo Fernandez Mauro Martinez Mark Khan Alternative Strategies Revenue: $85.210 billion Assets: $1.258 trillion General Environment Chase National Bank of the City of N.Y Develop policies and procedures for a more stringent loan screening process Questions Trouble differentiating from others Expensive advertising expense/average effectiveness. Technological advancement = Security concern Weak screening/oversight Less traffic in branches Government regulation Bank One Support Activities Chase Manhattan Bank 5 Elements of Strategy S S-O W-O Strategic Issues & Problems Hanover Bank Buyer inclination to substitute High number of credit unions/small banks International banks Investment groups Self merged 1991 est. 1823 Bank of America is the 5th largest company 6100 Retail branches 18,700 ATM's 288,000 employees Threat of New Entrants Take advantage of mobile trend Research/Develop/Implement Near Field Communication Technology (NFC) Phase out credit/debit cards Decrease overhead Offset possible loss from government regulation(s) Track purchase

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