LYCOS RETRIEVER 
Charles R. Schwab: Services
built 659 days ago
Security services for Schwab cost $370,022 in 2005; $2,000,315 in 2004 and $309,966 in 2003, according to the proxy. The amounts don't include portions of the home security system installation that Schwab paid for personally.
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Schwab corporate services securities, products, and services are not available in all countries and are subject to country-specific restrictions. Home no monthly service charges • free standard checks • free online bill pay • overdraft protection • fdic-insured up to $100, 000 3.
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"This is one of the most compelling packages of banking and brokerage services in the market today, with no catches," said Schwab President and COO Walt Bettinger. "People are tired of making trade offs between banking and brokerage accounts, and want a complete value combination in one place."
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The acquisition of a more sophisticated household linking product is part of Schwab's strategic transformation from a no-frills, transaction-based organization to a relationship-based one. When the linking and online systems are integrated, Schwab's customer service representatives will be able to see all of the accounts related to an individual customer.
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