How to Choose Where to Bank

Where to bank? Nowadays everyone is running around trying to find the right bank.

Difficulty: Easy

Instructions

1. Do research. Although all banks are the same in a way, they do offer different programs for amounts of money that are greater than 10,000.00
   They give extra benefits to customers that use their bank as their primary account. Every bank has a different stage of money you need to give them before they give you benefits, most banks is $10,000, so ask the associate about it.

2. Ask. Ask the associate what am I going to get for banking here. Loan discounts? Free safe deposit box? Free of monthly charge accounts? A dedicated banker? Free checks?
   
   All these questions should be asked when speaking to a new accounts representative.

3. Bank at one place. When you bank at one place the bank offers you more, because if you have business, and personal checking and savings, a loan, your giving them a lot of business, they will be willing to give you more.

Tips & Warnings

• Be smart when looking for a bank.
• Don't go for banks offering you a very high yield savings/CD...these banks are not doing so well and they need your deposists.