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Financial institutions with a very large reach, such as national banks, usually have less personal customer service than smaller institutions like credit unions, and often have more complicated bureaucratic structures. Despite this, what are some advantages of larger financial institutions over smaller ones?

Respuesta :

Larger financial institutions help in safeguarding one's money and they are easier to find.

Financial institutions are the company that helps in the provision of monetary and financial transactions to the customers.

Some of the advantages of large financial institutions over smaller ones include:

  • They are larger and safer
  • There are wide range of products and services
  • They give lower fees for the transactions performed by customers.
  • They are easier to find as they've many branches.
  • Relocation is easier.

In conclusion, large financial institutions are beneficial than the small financial institutions.

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Answer:

Larger financial institutions help in safeguarding one's money and they are easier to find.

Financial institutions are the company that helps in the provision of monetary and financial transactions to the customers.

Some of the advantages of large financial institutions over smaller ones include:

They are larger and safer

There are wide range of products and services

They give lower fees for the transactions performed by customers.

They are easier to find as they've many branches.

Relocation is easier.

In conclusion, large financial institutions are beneficial than the small financial institutions.

Explanation:

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