Surname 1
Adjustment Refusal: No Sympathy for Bank Customer with "Bounced Checks"
Banks located near universities frequently compete to attract college students as customers.
These banks may offer many services that are attractive to students, such as free checking,
lower required account balances, convenient ATM locations on campus, longer hours, student
loans, and credit cards. The banks tailor services to the college student market.
Many students open a checking account for the first time when they begin college. Often
these students may not understand the responsibilities of handling a checking account, or
they may fail to read the information provided by the bank when opening the account.
Careless errors, inaccurate recordkeeping of transactions, and failure to balance a checking
account can be costly mistakes for anyone, particularly a college student on a limited budget.
Rachel is a new college freshman, and she is living away from home for the first time. She
has opened a checking account with Regions Bank. During the first two months of the
You've reached the end of your free preview.
Want to read both pages?
