Presentation is loading. Please wait.

Presentation is loading. Please wait.

Per.2 Adrian Garcia. Schwab History The Early Years 1963: Chuck Schwab and two other partners launch Investment Indicator, an investment advisory newsletter.

Published by Modified over 9 years ago

Similar presentations

Presentation on theme: "Per.2 Adrian Garcia. Schwab History The Early Years 1963: Chuck Schwab and two other partners launch Investment Indicator, an investment advisory newsletter."— Presentation transcript:

1 Per.2 Adrian Garcia

2 Schwab History The Early Years 1963: Chuck Schwab and two other partners launch Investment Indicator, an investment advisory newsletter. At its height, the newsletter had 3,000 subscribers, each paying $84 a year to subscribe.Chuck Schwab 1971: In April, the firm is incorporated in California as First Commander Corporation, a wholly-owned subsidiary of Commander Industries, Inc. to conduct a conventional broker- dealer securities business and publish the Schwab investment newsletter. In November, Chuck Schwab and four others buy all stock from Commander Industries, Inc. 1972: Chuck Schwab buys all stock from what was once Commander Industries. 1973: The corporate name changes to Charles Schwab & Co., Inc.

3 Checking Account What are the fees and minimums? Monthly service fees: $0 Account minimum: $0 What do I get with this Investor Checking account? Unlimited rebates from any ATM worldwide 1 A 0.20% variable interest rate on any balance 2 Free standard checks and a Visa ® Platinum debit card FDIC insurance up to $250,000 3 A linked Schwab One ® brokerage account with no fees or minimums

4 Savings Account What are the fees and minimums? Monthly service fees: $0 Account minimum: $0 What do I get with this savings account? A competitive interest rate on any balance An easy way to access, transfer and manage your cash 1 No ATM fees—Schwab Bank will reimburse you for any ATM fees charged by any bank 2 FDIC insurance up to $250,000 3 Direct deposit for all or a portion of your paycheck or Social Security check

5 Loans All they offer is Mortgage loans.

6 Credit Card Schwab had a First year Invest credit card that they discontinued.

Download ppt "Per.2 Adrian Garcia. Schwab History The Early Years 1963: Chuck Schwab and two other partners launch Investment Indicator, an investment advisory newsletter."

Similar presentations

Section 5.1: Selecting Financial Services and Institutions

Section 5.1: Selecting Financial Services and Institutions
NASA Federal Credit Union Your Credit Union. A Company Benefit: NASA FCU Along with your employer, our goal is to offer an employee benefit package that.

NASA Federal Credit Union Your Credit Union. A Company Benefit: NASA FCU Along with your employer, our goal is to offer an employee benefit package that.
Checking and Savings Account Chapter 5. Tools of Monetary Asset Management Low-cost, interest-earning checking accounts (Type 1). Interest-earning savings.

Checking and Savings Account Chapter 5. Tools of Monetary Asset Management Low-cost, interest-earning checking accounts (Type 1). Interest-earning savings.
Depository Institution Discovery. 2.7.2.G1 © Family Economics & Financial Education – Revised April 2006 – Get Ready to Take Charge of Your Finances –

Depository Institution Discovery G1 © Family Economics & Financial Education – Revised April 2006 – Get Ready to Take Charge of Your Finances –
Depository Institution Discovery. 1.2.1.G1 © Take Charge Today – Revised April 2006– Depository Institution Discovery – Slide 2 Funded by a grant from.

Depository Institution Discovery G1 © Take Charge Today – Revised April 2006– Depository Institution Discovery – Slide 2 Funded by a grant from.
Financial Institution Frenzy. 2.7.2.G1 © Family Economics & Financial Education – April 2006 – Get Ready To Take Charge of Your Finances – Financial Institution.

Financial Institution Frenzy G1 © Family Economics & Financial Education – April 2006 – Get Ready To Take Charge of Your Finances – Financial Institution.
Using a Bank or Credit Union consumer.gov. Why use a bank? A bank is a place to keep your money safe A bank’s services include: – checking accounts and.

Using a Bank or Credit Union consumer.gov. Why use a bank? A bank is a place to keep your money safe A bank’s services include: – checking accounts and.
Cash Or Liquid Asset Management. Financial Institutions Deposit-Type Financial Institutions – Commercial Banks – Savings and Loan Associations – Savings.

Cash Or Liquid Asset Management. Financial Institutions Deposit-Type Financial Institutions – Commercial Banks – Savings and Loan Associations – Savings.
Personal Financial Management

Personal Financial Management
 Also Known as the FED  Known as the “Central Bank” of the United States  Main Function: controlling money supply through monetary policy  Other Functions:

 Also Known as the FED  Known as the “Central Bank” of the United States  Main Function: controlling money supply through monetary policy  Other Functions:
Bank On It Personal Finance Unit. Why Learn About Banking?

Bank On It Personal Finance Unit. Why Learn About Banking?
 How to Manage Your Cash › Daily Cash Needs  Lunch, movies, gas, or paying for other activities  Carry cash  Go to an ATM  Credit Card  Know pros.

 How to Manage Your Cash › Daily Cash Needs  Lunch, movies, gas, or paying for other activities  Carry cash  Go to an ATM  Credit Card  Know pros.
Personal Finance.  Four common Financial Institutions  Commercial banks  Savings and loan associations (S&Ls)  Credit Unions  Brokerage Firms.

Personal Finance.  Four common Financial Institutions  Commercial banks  Savings and loan associations (S&Ls)  Credit Unions  Brokerage Firms.
Banking products and operations. withdrawal A withdrawal in a bank / withdraw money = to take money out of a bank account.

Banking products and operations. withdrawal A withdrawal in a bank / withdraw money = to take money out of a bank account.
History of University credit union Established in 1947… could not find any other history on it…

History of University credit union Established in 1947… could not find any other history on it…
Finding Financial Services Review. A financial institution that provides compensation in case of a disaster or accident.

Finding Financial Services Review. A financial institution that provides compensation in case of a disaster or accident.
“Bank Accounts: What You Should Know”. Overview How to Choose the Right Bank Banking Terminology Types of Bank Accounts Features of Checking Accounts.

“Bank Accounts: What You Should Know”. Overview How to Choose the Right Bank Banking Terminology Types of Bank Accounts Features of Checking Accounts.
1.7.3.G1 © Family Economics & Financial Education – Revised March 2008 – Financial Institutions Unit – Depository Institutions Funded by a grant from Take.

1.7.3.G1 © Family Economics & Financial Education – Revised March 2008 – Financial Institutions Unit – Depository Institutions Funded by a grant from Take.
1.7.3.G1 © Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Financial Institutions Funded by a grant from.

1.7.3.G1 © Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Financial Institutions Funded by a grant from.
© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Similar presentations

Ads by Google