Florida’s Banks and Economy

April 1st, 2022 by admin Leave a reply »

Banks are organizations where we keep our money or valuables safe. For our deposits we receive a certain amount of interest which increases the value of our money.

The first National Bank in South Florida started in the year 1932 and still exists. Its service has been a valuable asset for all these years. Bank Atlantic provides business and personal banking for the people in South Florida. It has branches all over Florida in Palm Beach, Miami, Tampa, Treasure Coast and Broward County. Out of all of them Friends Bank and BankAtlantic are featured banks of Florida. PNC provides full range of financial products and services starting from investment, persona and corporate banking. Fifth-Third Bank located in Florida provides loans, mortgages, credit, online banking, savings account, online investing as well as credit cars for fulfilling all needs. Riverside National Bank provides easier, faster and convenient banking. They provide business as well as online brokerage.

Custom House provides online currency exchange and makes international transactions simple and cost effective. E*Trade Financial delivers value, innovations to all customers. It is one of Florida’s largest banks and provides quality high-yielding net banking products. EverBank provides many services like high online savings, checking, CD accounts etc. Florida’s FX Universal leads the front of forex trading. Its Forex trading account provides forex signals for free entire life.

ING Direct is FDIC insured and offers best savings rate and asks for no fees or minimum balance. It also provides home loans, ARM mortgages, mutual funds etc. The striking feature of HSBC Advance is a lucrative percentage APY it provides to its consumers which is more than 9-10 times the average national savings. MoneyAisle offers good car refiance rates, used and new rates. It is safe, free and easy. Xoom Corporation is amongst those companies which are committed towards developing a worldwide online-to-offline network of money transfer.


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