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Start Over
Banks Set Up a Rival Plan.
- Source :
- BusinessWeek; 12/20/1958, Issue 1529, p55-56, 2p
- Publication Year :
- 1958
-
Abstract
- The article reports on the efforts of banks to compete with credit unions by offering loans programs to large employee groups in the U.S. Bank of America is offering Employee Loan & Deposit Plan which allows employees to save or borrow money by using payroll deduction scheme. The banks also offer several services and loans that credit unions cannot provide to employees such as savings' insurance.
- Subjects :
- BANKING industry
CREDIT unions
PERSONAL loans
PAYROLL deductions
EMPLOYEE services
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 1529
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 56523963