Posts Tagged ‘account opening’

My wife and I decided that it was time. Time to introduce our 2 daughters to a bank and open their own accounts. Our girls are old enough (ages 8 and 6)  to understand what a bank is, plus they hear their daddy talk way too much about banks. So far, their birthday money has been […]

Jan 29th, 2015 | Filed under Retail Banking

So, whilst Robert was doing things in Vegas that have largely stayed in Vegas, I was spending time with my family during the UK school holidays. However, I may not win any awards for best dad! How did I entertain my two daughters? Cinema? Amusement park? Swimming? No. Let’s go open you both bank accounts! […]

Nov 15th, 2013 | Filed under Banking, Retail Banking

On January 15th, Green Dot, a US-based company best known for its prepaid cards, announced the launch of GoBank, a full FDIC-insured bank account designed for and available via mobile phone. Promoting itself as “a bank with tomorrow’s technology”, it does indeed come with a host of attractive features, such as a mobile-only account opening, checking the […]

Jan 17th, 2013 | Filed under Banking, Retail Banking

Account opening is an interesting process at US Banks and it is insightful to see how much the process and style differs across banks. At one bank, I was given a needs assessment, asked about my mortgage and what kind of credit cards I carried. Another bank showed me a list of accounts and asked […]

Nov 1st, 2011 | Filed under Retail Banking