Where Do You Bank?

I actually bank at a small community bank that a client of mine started a few years ago. No fees for ATM useage out of network, no monthly fees for checking, no fees for coming into the bank, etc. Each customer is known by name. It's pretty nice.

I haven't found anything about the bank that would make me want to switch to a different company.

charles schwab

Small bank near my hometown that still has me as a student checking account so no fees. Until they change it I'm not switching.

TD Bank, before that Commerce.

I find their green buildings are warm and welcoming. Much like the greenbacks that are virtually stored somewhere within the Matrix.

What do you guys do when you travel though? Like, I need to deposit a few checks and I need to go find a local branch to do it. It wold be much easier to find a scanner.

i have my own bank. we are looking for foturne tellers.

Chase. Everything's free besides the occasional out of network ATM fee and the technology is superior to everything else I've seen.

Just make sure you have monthly direct-deposit.

I bank with Ally. Great rates, no fees, super convenient. If you ever have to talk to a person on the phone though, they are not the sharpest knives in the drawer...

charles schwab for life, all foreign atm charges refunded :)

Credit Union, & most all banks have mobile apps for deposits etc.

Fidelity:

• No fee checking account w/ debit card that reimburses all ATM fees
• Credit card with 2% cash back directly into checking account
• Brokerage account with no commissions for many popular ETFs

Also nice to have everything in one place.

Someone told me about a new online bank called Simple. Apparently it has little or no fees. They also have some sort of budgeting tool. Sounds like it would be good for OPs purposes.

Just make sure to bank where it is too big to fail.

But if you work for a bank then you will have to open an account with them right?

If you're in the NYC metropolitan area, go for JP Morgan Chase. ATM's everywhere, great customer service, TBTF status, pretty much checks all the boxes. Most importantly they actually treat you like your business matters to them, especially at their private client branches. Their international atm fees are reasonable, and they'll give you a competitive FX rate. The only bank that can do better on international transactions is Citi, but then again Citi has shit customer service and shit ATM/app technology.

I have tried at least 15 different banks, and by far the best one is Ally Bank. Ally doesn't have branches, and I find that once in a blue moon I need to go to a branch (deposit money order for example). You are best served having a credit union, as those usually have free checking accounts. Now, of all the "big" banks, I think Chase is the best. It is pretty easy to waive the fees. Bank of America will nickel and dime you. They are a fee generating machine. For example, for savings account, you are supposed to be able to make 6 withdrawals in a statement by law. But the policy with BoA is that they only allow 3, each subsequent withdrawal is a $5 fee!

So, open an account with Ally Bank + a FCU and you are set. Do most of your banking with Ally Bank. And tie your FCU account to the Ally Bank account, as you can push and pull ACH for free using Ally Banks interface online. Ally Bank reiumburses ATM's fees up to $600/year. Don't go over that as they will send you a 1099-INT at the end of the year if you do. I have also heard great things about USAA, but I've never tried them. I'm happy with my Ally Bank account.

Unless you are cranking out 100s of 1000s, credit union is way to go. I get 3% interest on up to 50k in checking account. Also, ATM refunds globally.

Most any bank will meet basic needs for free. It isn't until later in life when you may need special services that a global bank is your best bet.

To the 2% of you who are any kind of veteran, Chase offers the following

•No Monthly Service Fee •Free Chase Design Checks •Free Safe Deposit Box •No fee on Money Orders, Official Checks, Travelers Checks and Gift Cards •No Chase fee on 5 non-Chase ATM withdrawals per month •No Monthly Service Fee on 2 additional Chase Premier Plus Checking accounts •No Monthly Service Fee on Chase Plus SavingsSM •Free Chase Mobile® Banking •Free Online Banking with Bill Pay

In addition, if you are still active (probably 0% of you): •Interest paid on checking balances •No Chase fee on ANY non-Chase ATM withdrawals worldwide

Obviously it's a way to suck in the hundreds of billions that pay our servicemen/women a year...but the benefits extend to anybody who has served in any capacity which is pretty cool.

Also I live in a highly regulated state where Chase pulled all of their branches out (shady) and still have 0 issues because of their tech

I've got a long-term view of my banking. I use my banking institutions (2 large community banks) as a source to conduct my real estate investment properties. Banks give greater deference to long-term customers when it comes to lending terms. So I'm not going to waste my time with large banks or credit unions.

I use Bank of America online checking and it's been great so far, no hidden fees of anything.

The advantage of using BOA online is that they have ATM's everywhere.

Chase is the best. Not sure why people get boners when a bank teller remembers their name. Probably a bad sign when they can count their customers on two hands.

Currently use Chase, but will probably bank with the firm I work for this coming summer.

I may have opened an account with Simple had they not dove headlong into left wing politics in 2013. Not interested in banking with anyone who would post left-wing rantings on their facebook page.