Some banks offer the services of a notary public, and many offer this service to their customers for free. Credit unions also may have a notary on hand to notarize documents for their members. The best way to find out if a bank offers notary services is to call or visit a local branch.Know More
In order to have documents notarized, a person must present an official government-issued identification card that includes a photograph. Accepted identification includes a driver's license, passport or any type of government identification card. Showing a notary proper identification verifies that an individual is really who they claim to be and is the one required to sign the document.
Any documents that require a notarized signature should remain unsigned until brought before a notary, Reference.com states. The notary will instruct the person to sign the document in front of them, which is standard procedure. If everything is in order, the notary stamps the document with a seal that verifies the signature is legitimate. Notaries play no role in ensuring documents are correct or enforceable.
Besides banks, notaries can be found at tax preparation offices, law offices, check cashing stores or by checking local city directories. Some notaries charge a nominal fee.Learn more about Banks
The amount of money kept in a bank's vault varies widely and is mostly dependent on the anticipated transaction needs of each bank, the cost of shipping currency should it run low, and the loss of potential interest on cash held in the bank rather than loaned to customers, according to the Federal Reserve Bank of St. Louis. Banks must also retain a minimum amount of cash reserves by law.Full Answer >
Commercial banks commonly provide checking accounts, savings accounts and various types of loans. Some of their services may overlap with those of investment banks, which focus on speculative transactions such as buying and selling stock.Full Answer >
As of 2015, Credio.com lists the top banks as Ally, Capital One 360, Charles Schwab, Chase and Capital One. Wells Fargo, RBC, PNC Bank, and First Republic Bank round out the top ten. These banks are ranked based on both customer satisfaction levels and the banks' fee schedule.Full Answer >
Banks are important because they loan money, accept deposits and attract investment, according to Investopedia. Investment banks are also imperative, because these institutions underwrite equity and debt.Full Answer >