Wells Fargo
Use the Internet to research loan types that the bank offers, nontraditional banking products that the bank offers, and its loan policies.

Write a six to eight (6-8) page paper in which you:
Provide an overview of the principal types of deposits offered by this bank, indicating the competitiveness of these offerings.
Analyze how the bank manages its non-deposit liabilities. Focus on the options that are open for investors and what the bank does with its customers’ funds.
Recommend improvements needed for more effective management. Provide support for your recommendations.
Analyze the principal types of investment banking, insurance, and other nontraditional banking products offered by this bank, indicating the competitiveness of these offerings.
Assess the major regulatory hurdles that a bank must consider when managing its capital. Recommend ways that the regulatory impact can be minimized to operational performance.
Determine the categories of loans the bank offers and the terms of these loans, indicating how each contributes to the bank’s performance.
Determine what types of business loans the bank offers and the terms of these loans. Propose ways for minimizing the risks associated with these business loans. Provide support for your rationale.
Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date.
The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:

Evaluate the process of managing sources of funds for a financial firm.
Evaluate the process of providing loans to business and consumers.
Use technology and information resources to research issues in commercial bank management and operations.
Write clearly and concisely about commercial bank management and operations using proper writing mechanics.

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This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

Types of Accounts and Deposits
Wells Fargo (WF) offers a wide variety of accounts and deposit types for its large customer base. For standard customers, the bank offers a checking account, which can be used to immediately purchase items. WF generally provides a debit card to customers who sign up for a checking account, with a variable sum of small cash as a bonus if enough money is initially deposited. WF also offers savings accounts with variable interest rates, depending on the amount of money deposited. For the most common brand of savings account, the “Wells Fargo Money Market Savings” account, the annual percent yield (APY), or interest rate, is 3% (“Savings Account and CD Rates,” 2013). Therefore, if a person deposited $1000 USD on January 1, 2013 and left it in the account for one full year, the account will be worth $1030 on January 1, 2014. Another, less valuable savings account is the “Wells Fargo Way2Save Savings” account, with an APY of 1% (“Savings Account and CD Rates,” 2013). The more valuable, interest accruing accounts require a higher initial deposit and annual balance. For the “Wells Fargo High Yield Savings” accounts, the APY is 3% for any balance less than $25,000, while the bonus APY is 8% (“Savings Account and CD Rates,” 2013). For balances between $25,000 and $100,000, the APY is 5% and the Bonus APY is 10%; for balances of $100,000 or greater, the APY is 10% and the bonus APY is 15% (“Savings Account and CD Rates,” 2013)....
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