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ABC Bank

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woodyman100
Valued Contributor

ABC Bank

Has anyone done business with ABC Bank?
I can't find much on them.
I found an interesting read regarding their approval process.
I think it would apply to most institutions
http://ericmpalmer.com/assets/group1assignment2_worksystemmodel_abcbank_IS8400.pdf
NFCU-ICCU-EECU-PSECU-DoverFCU-DCUFCU-Union Square FCU-Signature FCU-AODFCU-RedstoneFCU-USAllianceFCU-Amarillo National Bank-BHG MC-CapitalOne-CapitalOne Biz-Regions-Goldman Sachs (Apple/GM)-Evolve-Fifth Third-Gemini-Huntington-Imprint-USBank-Pinnacle-Cardless-John Deere-Discover-BofA-BofA Biz-Celtic Bank (M1)-Chase-Chase Biz-Amex-Amex Biz-Wells Fargo-Commerce-FNBO-Citi-Citi Biz-Synchrony-Synchrony Biz-Target TD-Third Coast Bank-USAA-Amegy-Amegy Biz-Dell-Citizens Biz-Comenity-Comenity Biz-Bread (Comenity)-DSNB-Webbank-Bill
8 REPLIES 8
Discover2016
Valued Contributor

Re: ABC Bank


@woodyman100 wrote:
Has anyone done business with ABC Bank?
I can't find much on them.
I found an interesting read regarding their approval process.
I think it would apply to most institutions
http://ericmpalmer.com/assets/group1assignment2_worksystemmodel_abcbank_IS8400.pdf

ABC Bank doesn't exist, it's a fictitious name given for the purposes of that white paper.

Gardening until September 2025
Next app: Mortgage in September 2025
Message 2 of 9
Anonymous
Not applicable

Re: ABC Bank

Ya I'd pass.
Message 3 of 9
woodyman100
Valued Contributor

Re: ABC Bank

https://www.theabcbank.com/personal-banking/credit-cards/
I pass it on the way to work
NFCU-ICCU-EECU-PSECU-DoverFCU-DCUFCU-Union Square FCU-Signature FCU-AODFCU-RedstoneFCU-USAllianceFCU-Amarillo National Bank-BHG MC-CapitalOne-CapitalOne Biz-Regions-Goldman Sachs (Apple/GM)-Evolve-Fifth Third-Gemini-Huntington-Imprint-USBank-Pinnacle-Cardless-John Deere-Discover-BofA-BofA Biz-Celtic Bank (M1)-Chase-Chase Biz-Amex-Amex Biz-Wells Fargo-Commerce-FNBO-Citi-Citi Biz-Synchrony-Synchrony Biz-Target TD-Third Coast Bank-USAA-Amegy-Amegy Biz-Dell-Citizens Biz-Comenity-Comenity Biz-Bread (Comenity)-DSNB-Webbank-Bill
Message 4 of 9
Anonymous
Not applicable

Re: ABC Bank


@woodyman100 wrote:
https://www.theabcbank.com/personal-banking/credit-cards/
I pass it on the way to work

That's true.  There is an actual ABC Bank but it has no relation to the bank in this paper.  It clearly states that the name is fictional and they just picked it to give their 'bank' a name.  The paper is purely hypothetical and what they are suggesting isn't used at any actual bank

Message 5 of 9
woodyman100
Valued Contributor

Re: ABC Bank

Got it. Thanks Irish.
NFCU-ICCU-EECU-PSECU-DoverFCU-DCUFCU-Union Square FCU-Signature FCU-AODFCU-RedstoneFCU-USAllianceFCU-Amarillo National Bank-BHG MC-CapitalOne-CapitalOne Biz-Regions-Goldman Sachs (Apple/GM)-Evolve-Fifth Third-Gemini-Huntington-Imprint-USBank-Pinnacle-Cardless-John Deere-Discover-BofA-BofA Biz-Celtic Bank (M1)-Chase-Chase Biz-Amex-Amex Biz-Wells Fargo-Commerce-FNBO-Citi-Citi Biz-Synchrony-Synchrony Biz-Target TD-Third Coast Bank-USAA-Amegy-Amegy Biz-Dell-Citizens Biz-Comenity-Comenity Biz-Bread (Comenity)-DSNB-Webbank-Bill
Message 6 of 9
longtimelurker
Epic Contributor

Re: ABC Bank


@Anonymous wrote:

@woodyman100 wrote:
https://www.theabcbank.com/personal-banking/credit-cards/
I pass it on the way to work

That's true.  There is an actual ABC Bank but it has no relation to the bank in this paper.  It clearly states that the name is fictional and they just picked it to give their 'bank' a name.  The paper is purely hypothetical and what they are suggesting isn't used at any actual bank


I thought that they ARE describing the existing process at a particular regional bank:  "ABC Bank is a fictitious name used for anonymity purposes" amd anonymity isn't required if the bank doesn't actually exist.  So I think this is a student case study where they did look at some real bank (and interviewed a Jeff Bush, a VP at a local regional bank, which may or may not be the same one)

Message 7 of 9
Anonymous
Not applicable

Re: ABC Bank


@longtimelurker wrote:

@Anonymous wrote:

@woodyman100 wrote:
https://www.theabcbank.com/personal-banking/credit-cards/
I pass it on the way to work

That's true.  There is an actual ABC Bank but it has no relation to the bank in this paper.  It clearly states that the name is fictional and they just picked it to give their 'bank' a name.  The paper is purely hypothetical and what they are suggesting isn't used at any actual bank


I thought that they ARE describing the existing process at a particular regional bank:  "ABC Bank is a fictitious name used for anonymity purposes" amd anonymity isn't required if the bank doesn't actually exist.  So I think this is a student case study where they did look at some real bank (and interviewed a Jeff Bush, a VP at a local regional bank, which may or may not be the same one)


 

don't argue with me or I'll whip you with a wet spaghetti noodle.

 

On 2nd reading, you could be right.  Not definitely but possibly.

Message 8 of 9
longtimelurker
Epic Contributor

Re: ABC Bank


@Anonymous wrote:

@longtimelurker wrote:

@Anonymous wrote:

@woodyman100 wrote:
https://www.theabcbank.com/personal-banking/credit-cards/
I pass it on the way to work

That's true.  There is an actual ABC Bank but it has no relation to the bank in this paper.  It clearly states that the name is fictional and they just picked it to give their 'bank' a name.  The paper is purely hypothetical and what they are suggesting isn't used at any actual bank


I thought that they ARE describing the existing process at a particular regional bank:  "ABC Bank is a fictitious name used for anonymity purposes" amd anonymity isn't required if the bank doesn't actually exist.  So I think this is a student case study where they did look at some real bank (and interviewed a Jeff Bush, a VP at a local regional bank, which may or may not be the same one)


 

don't argue with me or I'll whip you with a wet spaghetti noodle.

 

On 2nd reading, you could be right.  Not definitely but possibly.


Don't think of it as arguing, just a gentle Socratic dialog to help you overcome (to the extent possible) your wilful misreading...  And definitely, I contacted Sweta Sneha at Kennesae State University (http://www.ratemyprofessors.com/ShowRatings.jsp?tid=1196252) who ran the course and she confirmed.    (Well, she would have if I had contacted her, but apparently she is always late so I didn't bother)

 

Message 9 of 9
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