How did you choose your bank? - Page 2 - The Finance Forums: Financial planning, debt help, loans, mortgages, retirement and 401k, investment, and general finance discussion forums

fl18 · #11 (**permalink**) 02-08-2008, 11:16 PM

1. Geography
2. Online account access
3. Interest rates
4. No fees
5. Minimums for higher yield accounts
6. Access to ATMs/other branches if travel

graham08 · #12 (**permalink**) 02-15-2008, 03:42 PM

I've been with the same bank for the last 12 years and it was my first bank too. I've never really thought of moving banks really, it doesn't help when you still owe the bank money too!

tsdonnely · #13 (**permalink**) 03-18-2008, 06:16 AM

if i was just starting off with no bank or equity accts, id reasearch the difference between each bank or broker who offer what i believe is most important to me.

sahilmiddha · #14 (**permalink**) 05-26-2008, 07:13 AM

in my point of view i choose that bank whose branches are all over the world

spencer24 · #15 (**permalink**) 05-26-2008, 06:58 PM

I just went with the biggest and most reliable looking bank...

EmilySBK · #16 (**permalink**) 09-09-2008, 06:48 PM

Many times, it can be hard distinguishing the differences between the larger banks. They all seem to offer around the same packages and also come with extra fees. Do a little research online, narrow down your list, then make sure you get your facts straight from the source by personally visiting each bank that interests you--that way you can have all your questions answered, as well as get a feel for the customer service they offer. I feel that smaller, more local banks often offer better service. You may also find that they have a strong sense of corporate social responsibility, whether they give back through community development or environmental awareness. It's refreshing to find a bank that actually cares!