What issues would you consider when selecting a bank with the intent to do business? •

Prompt: As a finance manager, you must select the best option for your company’s banking needs. You have two options to consider: a service fee banking model or a holding balance banking model. Choose one and discuss the following: • Why did you choose this particular model? Support your decision. • What other issues would you consider when selecting a bank with the intent to do business? • What will you do to maintain a good relationship with the bank you choose?

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