Electronics services at the 25 biggest banks in L.A.Most banking institutions doing business in the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. area offer a wide variety of online services, but some banks offer no online services at all. Here's a rundown Rundown A summary of the amount and prices of a serial bond issue that is still available for purchase. rundown A list of available bonds in a municipal issue of serial bonds. of the services offered by the 25 banks with the most branches in L.A. County. * Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. (300 Branches) With BofA's free HomeBanking service, individuals and sole proprietors can view their account balances and transaction histories, transfer funds between accounts and download the information to accounting software. An unlimited number of hills can be paid over the online service for $5.95 a month. That fee is waived for customers with direct-deposit Versatel checking accounts, or with Prima checking accounts or Master Relationship Accounts. HomeBanking transactions can be conducted over the Internet at www.bankamerica.com or through America Online See AOL. by using the keyword "HomeBanking." The services can also be accessed directly by purchasing BofA's financial management software, Managing Your Money, for $9.95. Managing Your Money is only available to PC users. Macintosh users must connect via the Internet or AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. . For commercial customers, BofA offers its "PC Banking for Business," which has the same services as HomeBanking, plus wire transfers and stop payments. PC Banking for Business is free for the first month and then costs $6.60 a month. * Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank (237) Individuals or sole proprietorships A form of business in which one person owns all the assets of the business, in contrast to a partnership or a corporation. A person who does business for himself is engaged in the operation of a sole proprietorship. can use Wells Fargo's free Online Banking service to view their account balances and checking and credit card activity, transfer money between accounts and download information to accounting programs. Customers can also use the service to pay domestic bills. For a flat $5 a month, customers can use the service to pay up to 25 domestic bills, after which it's 40 cents per bill. Those fees are waived for customers maintaining account balances of at least $5,000. PC and Macintosh users alike can access the Online Banking service over the Internet through Netscape Navigator An earlier Web browser for Windows, Macintosh and X Windows from Netscape that provided secure transmission over the Internet. Soon after its introduction in 1994, Navigator, or just "Netscape," as it was commonly called, quickly became the leading browser on the Web. or Microsoft Explorer. If accessed through Quicken A popular financial management program for PCs and Macs from Intuit, Inc., Mountain View, CA (www.intuit.com). It is used to write checks, organize investments and produce a variety of reports for personal finance and small business. or Microsoft Money Microsoft Money is Microsoft's personal finance software for computers using the Microsoft Windows operating system. A version is also available for Windows Mobile (available for Money versions 2000-2006, and up to, but not including Windows Mobile 5.0). , the service costs $3 a month. For business customers other than sole proprietors, Wells Fargo offers its "Business Gateway" service, which includes the same features as its Online Banking service except online bill payments. It does, however, allow customers to access their lines of credit online. Wells Fargo charges a one-time fee of $14.95 and then $5 a month for its Business Gateway service. The service cannot be accessed over the Internet. Wells Fargo supplies custom software, free of charge, to Business Gateway customers. It requires Windows 3.1 or higher for PC systems or SoftWindows for Macintosh Power PC systems. * Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU. Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association. Bank (Owner of Great Western Bank) (134) Washington Mutual does not yet offer any online banking services. It intends to introduce them in early 1998. * People's Bank Peo´ple's bank 1. A form of coöperative bank, such as those of Germany; - a term loosely used for various forms of coöperative financial institutions. of California (132) This bank's "Electronic Banking for Business" allows companies to view the status and history of their transactions and balances, conduct wire transfers (for $20 per order), stop payments (for $10 per order), and track checks. People's Bank charges a $100 set-up fee, a $75 monthly fee for a single work station, plus $50 a month for each additional work station. People's Bank online services are not available over the Internet, or to Macintosh users. The services are only available to PC users with Windows 95. The bank provides the necessary software free of charge. * Home Savings of America (77) With Home Savings' Online Banking service, customers can view their account balances and histories and transfer funds between accounts. The $2.95 monthly fee is waived for customers with direct deposit. For an additional $5.95 a month, Online Banking customers can use the service to pay up to 20 bills. That bill-paying service is free for the first 60 days. For businesses, Home Savings offers PC Express, which has the same functions as Online Banking plus stop payment on checks. The monthly $39 fee is waived if a minimum monthly average checking account balance of $10,800 is maintained. Accessing the full range of online services requires Windows-based software, which Home Savings provides free of charge to PC and Macintosh users - for both retail and commercial accounts. On the Internet, users can log on to www.homesavings.com and sign up for free access to account balances and to see which checks have cleared in their account. |
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