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Summary: Banking with E-Trade is the same as banking at a physical bank, but it is online and often offers better interest rates on savings and checking accounts. Sign up for an E-Trade bank account to receive better returns on savings accounts with advice from a business professor in this free video on E-Trade.
John Niemira is a professor of business at Stevens-Henager College in Salt Lake City, Utah.read more
"Hello. My name is John Niemira and I wanted to talk to you about banking with E-Trade. E-Trade is a full broker services who also offers banking services. One of the better on line services out there for trading stocks and for banking. Click onto their web site and take a look to check the current rates. As I speak now, their rates are above most other banks out there for checking and savings. Most banks at this time aren't giving anything or very, very little in a savings account. Each agents giving a good amount for that. Their checking account is also very good. They offer all the services as a regular bank. The only difference is that they're on line. We don't have a bank to go to do a deposit. So, that's the only difference with an E-Trade account. Great rates. Great service. Lots of information on their web site. And probably the best of all is their interest rates. For any more information on this topic or any other business topic, you can contact me directly at my email; jniemira@gmail.com."