Do you find yourself transferring money back and forth between your low-interest brick-and-mortar checking account and your high-interest online savings account? It’s understandable. After all, who doesn’t want to earn the most on their money and still have access to all that online checking accounts have to offer?
But here’s the thing: transferring money is a pain. I much rather be spending time with family than worrying about my account balances or the interest I’m earning. I’m sure you’re in the same boat.
What if you didn’t have to transfer money and could still get an awesome interest rate? It’s now a reality folks, and it’s called Radius Hybrid – a new all-in-one checking account from Radius Bank.
Let’s take a closer look.
Maximize Earnings Without Transfers
You’ll be hard-pressed to find even a couple of saving accounts that offer such a generous amount of interest: up to 1.00% APY. And keep in mind, this is a checking account – most checking accounts don’t come anywhere near this amount of interest.
The main benefit to this is that you’ll no longer have to transfer money between accounts in order to maximize your earnings. You’ll need to have at least $2,500 in the account to earn the most interest, but if you’re budgeting and saving like you should, you’ll probably have enough to make this work.
Protect Your Money
Radius Hybrid accounts are FDIC-insured which means your money is insured up to at least $250,000. Why would you need a savings account if your money is protected in a high-interest checking account?
I can’t think of a better way to protect your money than to have your money in an FDIC-insured account like Radius Hybrid.
All-in-One Features
Radius Hybrid comes with many of the features you’d expect from a checking account and more.
You’ll get a debit card, online banking, and mobile banking. These are the essentials.
When it comes to moving money, you’re covered. There are free internal and external transfers (just in case you need them). You can deposit your paycheck right into the account and also complete mobile check deposits via mobile banking. You can even make fee-free deposits and balance inquiries at ATMs displaying the NYCE® Shared Deposit Program logo. Finally, you can get unlimited deposits via postage-paid Bank by Mail envelopes.
Need to make a withdrawal? Yep, you can do that too. You’ll get unlimited, fee-free withdrawals at all Radius Bank ATMs and Banking Center locations. You’ll also get unlimited surcharge-free withdrawals at ATMs displaying the SUM(SM) Program logo. Travel? All foreign ATM fees will be rebated each month!
There are a variety of ways to make purchases with your Radius Hybrid account. First, you can pay bills and people using bill pay through your online banking account. You can also pay with your phone and their free Radius Pay app linked to your Radius Debit Card. Finally (and probably most importantly), you can make signature and PIN-based purchases in stores and online with your Radius Debit Card.
You can also stop payments, make wire transfers, and have overdraft protection. You’ll get all the handy bells and whistles.
By the way, there are no monthly fees. Many accounts of this caliber have them, so this is a nice perk. And your first order of checks? Free.
Radius Bank has truly created a well-rounded checking account with just about everything anyone would want from their bank. Two thumbs up from me.
How to Open an Account
Opening an account is super simple.
First, read all about what Radius Hybrid has to offer. You can use their Radius Hybrid Calculator to determine how much interest you’ll earn over the period of 12 months.
When you’re ready, sign up. The process goes like this . . . .
You can apply from your phone or tablet by just taking a picture of your Driver’s License and they’ll pre-fill your contact information for you. Pretty easy.
There’s only a $10 minimum balance to open an account. With such a low minimum and no ongoing monthly maintenance charges, anyone can afford to start an account.
Final Thoughts
Radius Bank’s tagline is “Built Around You.” I think they’ve proven themselves worthy of such a tagline, because it’s true.
Remember a few years ago when banks wanted to charge you fees just for using your debit card? Ridiculous. It’s time that banks start treating customers with respect and create accounts without frustrating fees.
When you sign up for a bank account, you’re adding your money to a pool of capital that they can use to make loans or participate in other investments. In return, you should have easy access to cash, all-in-one features, a great interest rate, and easy-to-use banking tools.
Radius Bank’s new Radius Hybrid account delivers that and more.
Illinois is home to Chicago, one of the most populous cities in the U.S. But whether you live in Chicago, Joliet, Carbondale, or one of the many small towns in Illinois, there’s a bank for you.
The state is home to a wide range of bank branches, from large, national banks to small lenders and credit unions. When you’re ready to shop banks in Illinois, there are several factors to consider.
10 Best Banks in Illinois
1. BMO Harris
Although BMO Harris is a regional bank, it’s headquartered in Chicago, so it has a heavy Illinois presence. The bank has been around since 1882 and has long been considered one of the best banks in Illinois.
In addition to branches in Illinois, Indiana, Arizona, Missouri, Minnesota, Kansas, Florida, and Wisconsin, BMO Harris also offers ATM access through the MoneyPass network. They have a checking account option with no monthly maintenance fees, as well as a robust mobile banking app to manage your account.
Fees:
No monthly service fee
$15 overdraft fee
Balance requirements:
$25 opening deposit
No minimum daily balance required
ATMs:
Fee-free at 40,000+ BMO Harris and MoneyPass ATMs nationwide
$3 fee for out-of-network transactions
Interest on balance:
0.01% APY on savings
Additional perks:
Spending habit analysis available in mobile app
Competitive loan rates
2. U.S. Bank
Illinois residents looking for a national bank should check out U.S. Bank. U.S. Bank has ATMs across Illinois and the rest of the country, and a full selection of savings accounts and checking accounts, as well as an online banking option.
Currently, one of U.S. Bank’s best deals is its Bank Smartly Checking account, which pays interest on your balance and currently offers a $300 sign-up bonus. What makes this one of the best checking accounts, though, is that if you enroll in Smart Rewards, you’ll earn rewards based on your account balance.
Fees:
$6.95 monthly fee (waived with qualifying direct deposits or minimum balance)
$36 overdraft fee (waived up to $50)
Balance requirements:
$25 minimum deposit to open
No minimum daily balance required
ATMs:
Fee-free at 4,700 ATMs nationwide
$2.50 transaction fee for each out-of-network ATM
Interest on balance:
Up to 0.05% APY on Bank Smartly checking
0.01% APY on savings
Additional perks:
Automatically move up interest tiers as your balance grows
Additional rewards for seniors, children, military, and veterans
3. Chime
Chime is another online bank that operates without local branches. You’ll have everything you need in the app, with online banking features like peer-to-peer payments and an ATM locator.
You can also sign up for a Chime High-Yield Savings Account and earn interest rates of 2.00% APY on your balance. With automatic savings features, money can be automatically moved from your checking account to savings to help you set money aside for the future.
Fees:
No monthly fees
No overdraft fees
Balance requirements:
No minimum deposit to open
No minimum daily balance required
ATMs:
Fee-free at 60,000+ ATMs nationwide
$2.50 transaction fee for out-of-network ATMs
Interest on balance:
2.00% APY on savings accounts
Additional perks:
Spot Me covers up to $200 in overdrafts
Round Ups feature automatically moves money into savings
4. Huntington Bank
Huntington Bank is a regional bank with branches in Illinois, Ohio, Colorado, Florida, Indiana, Kentucky, Michigan, Minnesota, Pennsylvania, West Virginia, and Wisconsin. There are multiple tiers of checking accounts, but if you’re looking for the basics, the Asterisk-Free Checking Account is fully free with no minimum balance requirement.
Before choosing this bank, check for branches and ATMs in your area. Cash withdrawals are only fee-free at Huntington-owned ATMs. But if you’re fine with relying on mobile banking apps for all of your banking services, you’ll likely find everything you need while traveling.
Fees:
No monthly service fee
$15 per-transaction overdraft fee after balance goes $50 in the negative
Balance requirements:
No minimum opening deposit
No minimum daily balance required
ATMs:
Fee-free at more than 1,600 Huntington Bank ATMs nationwide
$3.50 fee for each out-of-network transaction
Interest on balance:
Up to 0.06% APY on savings
Additional perks:
View current account balance without logging in
Standby Cash offers quick access to credit line
5. Chase
Those who prefer a national bank might like Chase Bank, which has branches throughout Illinois, as well as 47 other states (excluding Alaska and Hawaii). New customers can qualify for a $200 bonus by opening an account and setting up direct deposit within 90 days.
There are multiple checking account options, but Chase Total Checking is the most popular. There’s a $12 fee each month, but if you’re taking advantage of the bonus, direct deposit accounts waive the fee as long as at least $500 is coming in each month.
Fees:
$12 service fee per month (waived with $500 in qualifying deposits or $1,500 daily balance)
$34 per transaction (waived with Overdraft Assist)
Balance requirements:
No minimum deposit to open
No minimum daily balance required ($1,500 to waive $12 monthly fee)
ATMs:
Fee-free at more than 16,000 Chase Bank ATMs nationwide
$3-$5 fee for each out-of-network transaction
Interest on balance:
Up to 0.01% APY on savings
Additional perks:
$200 bonus for new checking account with direct deposit
Checking accounts available for children ages 6 to 17
6. CIT Bank
CIT Bank is an online-only bank that is geared toward helping you set money aside for the future. One notable product is the CIT Platinum Savings account, which offers 4.75 APY on balances of $5,000 or more if you deposit at least $100 monthly.
But CIT is great if you’re in the market for a checking account, too. With CIT eChecking, you get one of the rare interest checking accounts that comes with no monthly fees or minimum balance. Although there are no ATMs or branches, CIT does refund up to $30 a month for non-network ATMs.
Fees:
No monthly service fee
No overdraft fee
Balance requirements:
$100 minimum deposit to open
No minimum daily balance required
ATMs:
No CIT ATMs available
Up to $30 monthly in non-network ATM fees refunded
Interest on balance:
Up to 0.10% APY on checking
Up to 0.25% APY on checking with $25,000+ balance
Up to 4.75% APY on savings
Additional perks:
Up to 1.00% APY on savings with $100 monthly deposit
Up to 5.00% APY on CDs
7. Fifth Third Bank
Another regional bank with a heavy Illinois presence is Fifth Third Bank out of Ohio. You’ll find branches in Illinois, Ohio, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia.
Fifth Third Bank offers a variety of account options, but the most popular checking account is Momentum Checking, which has no monthly fee. Your checking account comes with Extra Time, which notifies you of insufficient funds so that you can avoid overdraft fees.
Fees:
No monthly service fee
$37 overdraft fee
Balance requirements:
No minimum opening deposit
No minimum daily balance required
ATMs:
Fee-free at more than 40,000 Fifth Third and MoneyPass ATMs nationwide
$3 fee for out-of-network transactions
Interest on balance:
0.01% APY on savings
Additional perks:
Identity theft monitoring available through Trilegiant for a fee
Fifth Third Extra Time notifies you of overdrafts to let you deposit money by the end of the day
8. PNC Bank
PNC is one of the larger regional banks, with a presence in 27 states, including Illinois. Currently, you can earn a bonus of up to $200 when you open a checking account and enroll in qualifying Virtual Wallet products.
Where PNC really excels is in its online and mobile banking offerings. Its checking account comes with no monthly service fees or minimum balance requirement, and Low Cash Mode lets you manage things when funds get low.
Fees:
No monthly service fees
$36 maximum overdraft charges per day in Low Cash Mode
Balance requirements:
No minimum deposit to open
No minimum daily balance required
ATMs:
Fee-free at 60,000+ ATMs nationwide
$3 transaction fee for out-of-network ATMs
Interest on balance:
2.00% APY on savings
4.30% APY on high-yield savings account
Additional perks:
$200 bonus with Virtual Wallet signup
Low cash mode helps you when funds are low
9. Ally
While there are no physical branches, Ally Bank builds everything you need into its online and mobile banking platforms. You’ll not only get a free checking account with no fees or minimum daily balance requirement, but both checking and savings accounts offer interest on your balance.
There are some activities that mobile banking can’t handle, though. Ally has you covered on those, too. You’ll have fee-free access to 43,000 AllPoint ATMs in Illinois and nationwide. One downside is that you can’t deposit cash at partner retailers as you can with some other online-only accounts.
Fees:
No monthly service fee
No overdraft fees
Balance requirements:
No minimum opening deposit
No minimum daily balance required
ATMs:
Fee-free at more than 43,000 AllPoint ATMs nationwide
Up to $10 in fees at non-AllPoint ATMs reimbursed per statement cycle
Interest on balance:
0.25% APY on checking
3.75% APY on savings
Additional perks:
Spending buckets help you budget
Access to paycheck up to two days early
10. GO2Bank
Another online banking option open to Illinois residents is GO2Bank. You can do most of your banking through their app, including mobile check deposit, online bill pay, and the ability to manage your account.
One unique thing this mobile bank offers is the ability to deposit cash at retailers nationwide. GO2Bank’s savings accounts come with 4.50% APY on balances up to $5,000.
Fees:
$5 per month (waived with eligible direct deposit)
$15 per-transaction overdraft fee
Balance requirements:
No minimum deposit to open
No minimum daily balance required
ATMs:
Fee-free at 55,000+ ATMs nationwide
$3 transaction fee for out-of-network ATMs
Interest on balance:
4.50% APY on savings accounts
Additional perks:
Earn up to 7% by purchasing e-gift cards in the app
Deposit cash at 90,000+ retail locations nationwide
Illinois has plenty of options, whether you go with an Illinois bank or one headquartered elsewhere. The best banks in Illinois combine low fees with features that make banking convenient for you. Don’t rule out online bank options, since you can easily find one with all the features you need, along with fee-free access to local ATMs.
Finding the Best Banks in Illinois
With so many options, it can be tough to narrow down the list of the best banks in Illinois. Whether you choose a local, national, or regional bank, though, it’s important to find the one that offers what you need. Here are some features to consider in your search for a new bank.
FDIC Insurance
When you turn your money over to someone else, you’ll want to make sure it’s safe. If the economy crashes or a bank fails, you won’t want to lose your money. In the U.S., the Federal Deposit Insurance Corporation covers consumers. But that coverage is limited to $250,000 in principal and interest per depositor, per account. Additionally, investment products aren’t covered, although your money market account, individual retirement accounts, and other types of savings account options likely are.
It’s also important to note that not all banks are insured by the FDIC. Whether you’re going with a large, corporate lender or opening a checking account online, research to make sure it’s FDIC insured. Also, pay close attention to limits and make sure you don’t exceed $250,000 with each account.
ATM/Branch Access
At one time, you’d have to rely on local branches and ATMs to deposit checks and withdraw cash. But thanks to tools like Apple Pay and Samsung Pay, you don’t even have to pull out your wallet to make a purchase. Still, you’ll occasionally need some cash, which is why the best banks in Illinois go beyond digital solutions.
Whether you choose a national bank or you open an account online, pay close attention to how you’ll get that help when you need it. Many online bank accounts now partner with ATM networks like AllPoint and MoneyPass to give you that option. Some let you deposit cash through local retailers for a fee.
Low Fees, Great Features
It’s easier than ever to find a checking account with no monthly fees. Even those that do charge monthly maintenance fees will sometimes waive them as long as you have your paycheck electronically deposited or maintain a minimum balance from day to day.
But as you’re researching the best banks in Illinois, it’s important to consider all the costs. If you choose a fee-free online banking option, for instance, but you’ll be paying $10 or more a month for ATMs, it might be worth it to go with one of the national banks that charge a small monthly fee.
Advantages and Disadvantages of Local Banks
National banks have a heavy presence throughout Illinois, but some of the best banks in Illinois are smaller and more community-based. Here are some advantages of going with a local bank:
May provide more personal service
Savings account interest rates may be more competitive
Might have lower rates on auto loans and personal loans
Credit score requirements can be more flexible
There are a few disadvantages, as well, including:
Online banking features might not be as developed
ATM access may be limited while traveling
May have fewer specialized accounts
Savings Accounts
It can be easy to look around for the best checking accounts when you’re planning on making a switch. But saving for the future is important, too. You might find a local bank has lower fees on checking, but a national bank offers better interest yields on its savings accounts. When the benefits outweigh the costs, it could affect your choice.
There are a few other things to consider in a savings account. Some have an initial deposit, while others require a sizable balance for their higher interest rates. Furthermore, consider how often you’ll need to withdraw funds from the account. Many savings accounts limit you to six fee-free withdrawals and transfers per statement cycle under Regulation D.
Other Products and Services
Although checking accounts and savings accounts are top priority with a bank account, there are some other things to consider. You may find the best banks serve as a one-stop shop for all your lending needs, from money market accounts to CDs to mortgage loans. You may instead be someone who prefers to bank with multiple lenders.
It’s also important to look at the payment features your bank offers. Your bank account will likely come with a debit card. Can you earn rewards for using it? If your Illinois bank has credit card options, check for perks, rewards, and APR with those as well. Some financial institutions offer bonuses for new accounts or credit card sign-ups, and that can be another way to cut costs with a new bank.
With a thriving oil industry and bustling tourist population, Alaska is a great place to live and work. As with most states, you’ll find a combination of banking options in Alaska, from national banks to local banks and credit unions.
But finding the right bank can take time. The list below combines local banks, online banks, national banks, and credit unions.
10 Best Banks in Alaska
Alaska bank customers look for a variety of features in a bank. You’ll want to keep costs low while maximizing your earnings, but convenience is also a factor. Here are 10 of the best banks and credit unions in Alaska.
1. First National Bank Alaska
For more than a century, First National Bank Alaska has served the state’s consumers. The first branch was in Anchorage, but today there are branches and ATMs across the state, including Kodiak, Fairbanks, and Wasilla.
First National Bank Alaska has multiple checking options, including teen and military accounts. Direct Deposit Checking comes with a $7 monthly service fee that can be waived with qualifying direct deposits.
Fees:
$0-$7 monthly maintenance fee depending on account
$33 per-item fee for overdrafts
Balance requirements:
No minimum opening balance
No minimum daily balance with Direct Deposit Account
ATMs:
Fee-free access at First National Bank Alaska ATMs
Interest on balance:
0.10% APY on select checking
0.08% to 0.25% APY on savings
Additional perks:
Free checkbook
Health Savings Account available
2. Northrim Bank
Northrim Bank takes a unique approach to its checking setup. You’ll get one checking account that automatically adjusts as your balance changes. Northrim is a community-based bank with branches only in Alaska.
If your paycheck is automatically deposited to your account, you’ll qualify for a fee-free account that earns money. South Central Alaskan account holders can earn up to 0.11% APY on checking account funds, but check your own region for current rates.
Fees:
$0-$12 maintenance fee, depending on tier
$29 per-item fee for overdrafts
Balance requirements:
Minimum opening balance: $100
No minimum daily balance
ATMs:
Fee-free ATM access at First National Bank Alaska ATMs
Up to $10 in out-of-network costs reimbursed monthly
Interest on balance:
Up to 0.11% APY in South Central region on checking
Up to 0.75% APY in South Central region on savings
Additional perks:
Highest tier account waives all out-of-network ATM costs and incoming wire transfer charges
Easy-to-use mobile app makes online banking a breeze
3. Global Credit Union
Formerly Alaska Federal Credit Union, Global Credit Union offers two tiers of checking: Core Checking and Latitude Checking. There are branches throughout North America, so if you regularly travel to the U.S., this might be the best option.
Like many credit unions, Global Credit Union offers competitive rates as a benefit to members. Unlike other credit unions, though, membership is fairly open. You’ll need to pay $5 and be a resident of Alaska, Washington, Idaho, California’s San Bernardino County, or Arizona’s Maricopa County to qualify.
Fees:
No monthly maintenance
$25 fee for balances that fall below a $25.01 deficit
$5 membership fee
Balance requirements:
No minimum opening balance
No minimum daily balance
ATMs:
Fee-free use of Global Credit Union ATMs
Fee-free withdrawals at 55,000 Allpoint locations
Interest on balance:
No APY on checking
0.10% APY on savings
Additional perks:
Competitive rates on auto loans
Mobile tools to help with managing finances
4. Denali State Bank
Fairbanks residents interested in a local bank should check out Denali State Bank. Most of Denali’s branches are in Fairbanks, but you’ll have online banking through the mobile app, as well as refunds on up to $25 monthly ATM withdrawals.
The best thing about Denali State Bank is its rates. Choose Free Kasasa Cash Checking and you’ll earn 2.00% APY on your money. Denali’s savings accounts earn up to 0.50% APY.
Fees:
No maintenance fee
$30 NSF fee per occurrence
Balance requirements:
$100 minimum to open
No minimum daily balance
ATMs:
Up to $25 fee refund per month
Interest on balance:
Up to 2.00% APY on checking
Up to 0.50% APY on savings
Additional perks:
ATM fee refund of up to $25 monthly
Cash-back checking option available
5. Chime
While many local bank options offer online services, Chime is an online-only service. You’ll have everything you need in the app, from mobile check deposits to bill pay.
Chime uses two services for cash withdrawal: the AllPoint and MoneyPass networks, with more than 60,000 locations across the country. If you need to add cash to your account, you can do that at more than 8,500 participating Walgreens locations for free.
Fees:
No maintenance fee
No overdraft fee
Balance requirements:
No opening deposit required
No minimum daily balance
$200 minimum qualifying deposits per month required
ATMs:
Fee-free at more than 60,000 ATMs in the AllPoint and MoneyPass networks
Interest on balance:
Up to 2.00% APY on savings
Additional perks:
Round Ups help you build savings automatically
Access to paycheck up to two days early
6. GO2Bank
Mobile banking customers may find Go2Bank provides a great Alaska banking experience. There are no branches, but you’ll get cash withdrawals at 55,000 AllPoint ATMs.
What makes Go2Bank stand out is its security features. You’ll get popular services like fraud alerts and a debit card lock feature. If you’re working to rebuild your credit, you may also be interested in GO2Bank’s secured Visa.
Fees:
No maintenance fee
$15 overdraft fee (avoid by resolving overdraft within 24 hours)
Balance requirements:
No opening deposit required
No minimum daily balance
ATMs:
Fee-free at more than 55,000 ATMs in the AllPoint network
Interest on balance:
Up to 4.50% APY on savings
Additional perks:
Secured Visa allows you to build credit
Access to paycheck up to two days early
7. Wells Fargo
With branches from Barrow to Anchorage, AK, Wells Fargo might be the best bank if you’re looking for a large, corporate financial institution. Currently, Wells Fargo is offering a $300 opening bonus.
One downside to Wells Fargo is the monthly maintenance costs. You can avoid those costs by maintaining a $500 balance or having $500 or more in qualifying income each month.
Fees:
$10-$35 monthly (waived with minimum balance)
$35 overdraft fee
Balance requirements:
$25 opening deposit required
$500 minimum daily balance to waive service fee
ATMs:
Fee-free at more 12,000 ATMs across the globe
Out-of-network waivers available with some accounts
Interest on balance:
Up to 0.26% APY on savings (higher rates available for large balances)
Additional perks:
$300 bonus for opening an account
Teen and student checking account options
8. Matanuska Valley Federal Credit Union
If you can maintain a checking balance of at least $2,000, consider Matanuska Valley Federal Credit Union, a not-for-profit cooperative that welcomes members across Alaska and in Hawaii. Matanuska Valley offers checking and savings accounts, as well as life insurance and accounts for small businesses.
If you regularly deal with cash, though, MVFCU might not be the right fit. You’ll be limited to MVFCU ATMs, which are only in Alaska and Hawaii. But MVFCU does have a feature called Live ATMs, which enhances your customer service options.
Fees:
No monthly fee
$18 overdraft fee
Balance requirements:
No minimum balance required
ATMs:
Fee-free at locations across Alaska
Interest on balance:
Up to 4.32% APY on savings depending on balance
Additional perks:
Live ATMs offer enhanced services
Enhanced savings vehicles like Christmas clubs and New Child accounts
9. First Bank of Alaska
Small businesses might want to take a look at First Bank of Alaska as a great place to park their money. You’ll get 150 free monthly transactions, along with fee-free checking as long as you’re maintaining a $2,500 balance.
But First Bank isn’t just for business accounts. You can also get low-cost personal checking. There are three accounts to serve customers, along with a teen account. They come with maintenance costs, but they can be waived if you keep a minimum balance and set up direct deposit.
Fees:
$4-$10 (waived with minimum balance)
Balance requirements:
$2,500 minimum balance plus direct deposits to avoid fee
$1-$200 opening balance depending on account
ATMs:
Fee-free at locations across Alaska
Interest on balance:
Up to 0.12% APY on checking
Up to 0.15% APY on business checking
Up to 0.20% APY on savings
Additional perks:
Variety of checking account options
Great rates for businesses
10. Northern Skies Federal Credit Union
All Alaska residents are eligible for membership in Northern Skies Federal Credit Union. You’ll get savings rates above the national average and flexible overdraft fees.
Northern Skies FCU offers two checking account options, each with its own benefits. You’ll also earn dividends, which can help you with your retirement planning.
Fees:
$5 (waived with minimum balance)
Balance requirements:
$100 minimum balance or direct deposits to avoid fee
$5 opening balance
ATMs:
30,000 fee-free ATMs worldwide
Interest on balance:
Up to 5.00% APY on checking
Up to 0.10% APY on savings
Additional perks:
Competitive rates on loans
Credit union tools help with managing personal and business assets
The best bank puts its residents first, providing convenient tools like online banking and mobile apps. But it’s also important to look into features that will help you save money. Compare offerings across multiple banks and find the right bank to fit your own needs.
How to Choose the Best Alaskan Bank
Before you start searching for a bank account, there are some things to consider.
Minimum balance: Consider if a bank requires you to maintain a certain balance in your account or if they allow a zero balance. This can affect your flexibility in managing your money.
Opening deposit: Determine the initial deposit required to open an account, as some banks may require a larger sum to get started.
Fees: Be aware of any monthly maintenance fees associated with checking accounts, and understand the minimum balance requirements to avoid these charges.
Mobile banking: Whether you go with an online bank or a brick-and-mortar bank with a branch down the street, conveniences like mobile check deposit can save time.
Interest rates: Compare the annual percentage yield (APY) offered by different banks on checking and savings accounts to maximize your potential earnings.
Cash accessibility: Ensure that your chosen bank provides convenient options for depositing and withdrawing cash when necessary.
Extras: Consider if a bank offers additional services, such as wealth management, investment options, or certificates of deposit (CDs), to meet your future financial needs.
Markets are increasingly volatile and many investors are more risk averse. But they also may need more guidance. Finding the right financial professional requires you to focus on your short-term financial needs and long-term financial goals. There is no cookie-cutter approach. Financial security trumps investment growth as the most important goal for many investors. Who should you turn to for help
The post What Kind of Financial Advisor is Right for You? appeared first on MintLife Blog.
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Many people look at stock trading as a game, and in the case of Kapitall, it can really feel like a game. Here’s a review of the new Kapitall website and Kapitall Generation brokerage.
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