Sample Essay on:
Online Banking at Bank of America and Charter One Bank

Here is the synopsis of our sample research paper on Online Banking at Bank of America and Charter One Bank. Have the paper e-mailed to you 24/7/365.

Essay / Research Paper Abstract

An 8 page paper discussing the state of ecommerce at these two banks. The key factors for success is continued assurance to customers that their transactions and their personal information remain secure, and that the banks keep their online banking services – including bill payment – free of charge to the customer. The value to the end user is only now beginning to be realized by that end user. As more people become familiar with the increase in personal productivity that online banking services can provide, both banks can expect greater activity at their Internet banking sites. Bibliography lists 6 sources.

Page Count:

8 pages (~225 words per page)

File: CC6_KSbankOnlComp.rtf

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Unformatted sample text from the term paper:

The face of banking changed dramatically in the 1980s and 1990s as mergers and acquisitions among banks progressed at amazing rates. On one of North Carolina barrier islands, the Bank America sign went up early and was covered with a cloth intended to partially hide it. The NationsBank name remained on the side of the building; trash cans in the parking lot still bore the First Union logo. Bank names changed so quickly that many customers stopped trying to replace their checks with each change, hoping to get through a single box before ordering more. All of its merger activity produced the nations first true nationwide bank, though it is active only in 22 of the 50 states. Bank of America maintains branches and mildly courts individual accounts, but it is the bank of big business. In contrast, Charter One Bank generally seeks the local banking business of small companies in branches immediate vicinity. These qualities apply only to these banks physical, local presence, however. Both have joined the majority of todays banks in giving customers direct access to their funds and their accounts via the Internet. Current Business Focus As stated, Bank of America and Charter One Bank pursue very different market segments. Loans of more than $1 billion may not be common at Bank of America, but neither can they be considered rare. Charter One would be unlikely to make any such loan commitment, even if it had the assets available to do so (Hartley, 2000). One primary difference between ...

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