TD Bank, America's Most Convenient Bank
340 Words2 Pages
Name of my organization is TD Bank, America 's Most Convenient Bank. TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S., with over 25,000 Employees and deep roots in the community dating back more than 150 years.
What are your organization’s primary products and/or services?
TD Bank offers a broad array of retail, small business and commercial banking products through our 1,300 retail Stores throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. The Personal banking products are Checking, Savings, Credit Cards, Money Market, CDs, IRAs, Home Equity Loans & Lines, Mortgage, and Personal Loans. The Business banking products are Checking, Savings and
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Quicken Loans and the Family of Companies (FOC) has a set of ethical principles that we live by called, “ISMs”. “The ISMs have way more to do with who we are than what we do,” according to CEO, Dan Gilbert. My current employer is Rock Companies which is a part of the FOC. All employees of Quicken Loans and the FOC are called team members and management personnel are referred to as team leaders. Rock Companies Property Management has adopted the phrase “ISMs.”
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The bank has over 70 million customers and 263,000 team members. It has over 9,000 stores and offices in every state and serves more communities than any other bank in the United States. It is the largest residential mortgage originator and servicer, funding nearly one in four domestic mortgages in the second quarter in 2017. Wells Fargo has contributed more than 286.5 million to over 14,500 nonprofits last year. It is the largest employer that gives to the United Way.
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• The organization identifies the services it provides, indicating which services it provides directly, under contract, or through some other
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Upon beginning this assignment, my main issue was finding a historical site worth writing about. I did not want to be stuck with something typical or predictable. I wanted to try and find a site that was of significance to American Politics and to the community that it resided in. I have always held a strong interest in civil rights and the difficulties of the minorities to gain equality in America. I also knew from previous studies that the churches often held a great amount of influence in the progress of the African American people when fighting for that equality.
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The company segments its market on base of demographics, geographic and behavioral. • Exclusive high quality and green products sold by the company • Exceptional customer service offered by the employees at all the
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As an established firm, we're: Locally owned and operated Community focused Quick to respond to inquiries
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2. If you could create your own organization, what would it be, and why? If I could create
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Is a quote that helps me validate that there is an organization that
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Organizational Structure Bank of America is an American financial services corporation and is the second largest bank holding organization by assets, in the United States. The headquarter of the financial organization is situated in Charlotte, North Carolina. The bank has approximately 5,700 retail banking offices and 17,250 ATMs in the United States. The online banking system of the bank has more than 30 million active users.
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Finally, we will review how mobile technology is likely to influence the banking industry in the future. Bank of America, originally founded in 1904 as Bank of Italy merged with NationsBanking in September 1998. Ever since Kenneth Lewis became a CEO in 2001, Bank of America has expanded its business in retail banking, global wealth management, middle market lending, large corporate lending, global treasury services, investment banking and online and mobile banking, which we will discuss, as mentioned before over the course of this essay. (case study) What benefits does mobile banking provide to consumers?
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Identify and list each of the Five Forces. There are several tools that are apparently used to understand how the environment affects businesses whether positively or negatively. However, Carpenter, Bauer and Erdogan (2010) provided the Five Forces frequently used to analyze the competitive environment of a firm which was developed by Michael E. Porter in 1979. The Porter’s Five Forces includes Rivalry, New Entrants, Buyers, Suppliers, and Substitutes.
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3. INTRODUCTION Today retailing services has become very much important in the competitive environment. Customer service quality has been widely used by the retailers as one of the important strategy. Retailing is the second largest employment provider after agriculture.
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One of their key strategies in meeting this goal is a focus on customer service in order to create an experience for its consumers. Another one of their strategies is to ignite their emotional attachment with consumers. They also have
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I would frame the banking as an industry that is built on trust. Trust that is reaffirmed by the governments, and regulators. Banks have an imperative role in our economic growth, and development. Correspondingly, without the bank industry, there is no industry to replace them as the conduit for social and economic policy. Equally important, there is no industry to replace them as the key performer in creating our economies multiplier effect.
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It operates in virtually every country in the world with successful product expansion and business strategies The following diagram gives the organization design diamond
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