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Finding
the right financial institution can be simple and easy, or downright
difficult based on the
banking needs you have in mind. From a simple savings or checking account
to a certificate of
deposit, it is hoped information provided here can assist you. Some simple
steps to keep in
mind when you start your search are:
#1. Is the bank FDIC (Federal Deposit Insurance Corporation) insured?
Always good to know
that in any event, your funds (no
matter if checking, CD etc.) are protected.
#2. The best deals provided. Look who's paying the best "Interest On
Checking" or on a basic
savings account (pay attention to
your minimum amount required). Check to see if there
is a discount on member's ATM fees,
what money orders cost etc.
#3. Is it a "family" bank? Or a "corporate" institution? There will be a
noticable difference in
how to business is run.
#4. Every bank or at least most of them have their own financial advisor.
Set up a special time
for an appointment to get details on
various aspects the bank offers to customers.
#5. Look for a bank that is closest to
home, to alleviate travel time and hassles. You may also
want to consider one with such
services like electronic banking.
#6. Search out specials which are advertised, either by a "grand opening",
in a print advertise-
ment or via a direct-mailer you
receive. Some grand openings can be notorious for offering
fantastic (but sometimes
short-termed) deals!
#7. Not motivated by in-person inquiries? Meticulously scan through your
yellow pages and be
sure to make phone calls. The
telephone can still be a great tool in finding out details and
all you need is your pen & legal pad
to collect and itemize your listings!
#8. You obviously have computer connectivity since you're reading this. So
try to Google out
banks in your area by using specific
search terms such as "banks + your city" and send out
emails asking detailed questions.
#9. Credit unions may be a consideration since most of them offer no fees
(to members) and
at times, have better interest
rates. Don't count them out of your options.
#10. Consider financial institutions that offer debit cards & credit cards
and inquire whether or
not fees are
associated with these services.
#11. We realize mentioning fees can seem mundane to the average shopper
but consider the
fact that if you
absolve yourself from having to pay anymore fees than necessary, you
will save alot in
the long run. |
A new cartoon
is offered each day, for your pleasure. Please make
to bookmark this website for future reference. Thank you very much!
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