what's a good bank to go with for savings and checking?

when i move up to virginia im probably gonna need something different than my NC State Employees' account

12/31/2006 1:38:45 PM

ING for savings (4.5%) let me know if you need a referral, you get $10.

12/31/2006 1:57:59 PM

http://www.theapplebank.com/grandyielddirect/ - 5.27% for savings. $25 promo code: 789

12/31/2006 2:01:28 PM

i had thought about bank of america to handle both, but i read some bad reviews online

12/31/2006 2:01:45 PM

Suck it up and use wachovia.

12/31/2006 2:03:24 PM

psshh

12/31/2006 2:04:01 PM

Are you eligible to join VACU?

http://www.vacu.org

What are you looking for in a bank?

12/31/2006 2:06:05 PM

a bank that its users are generally happy with and can handle both checking and savings preferably


and i dont think im eligible, my company isn't listed in their list :-\

[Edited on December 31, 2006 at 2:08 PM. Reason : ]

12/31/2006 2:07:27 PM

For savings, you're not going to do any better than an online "direct" money market account, through somebody like ingdirect.com, hsbcdirect.com, or emigrantdirect.com.

As far as checking, there isn't a whole lot of difference between banks, unless you have some specific needs. I would avoid Wachovia, who has a reputation for trying to make money off of fees, rather than by investing your deposits. What banks are convenient to your location? You might want to look into First Citizens.

12/31/2006 2:13:07 PM

ill be in charlottesville (this is for when i go up to start a job after graduation in May/June)

12/31/2006 2:16:38 PM

so anyone had an troubles with Bank of America? for simple checking ?

1/2/2007 12:15:15 PM

in my experiences, most of the big banks all work the same way, so ive always gone with the bank that is most convinient. wachovia has always been closest to where ive lived, so ive had them for a while. i dont mishandle my money, so ive never had a problem with getting charged fees or anything.

1/2/2007 12:22:45 PM

Coastal Credit Union

1/2/2007 1:05:27 PM

Coastal Federal Credit Union.
I have my primary checking with them, one savings account, and a mortgage. Very happy with them so far.

1/2/2007 1:17:14 PM

Quote :

" you're not going to do any better than an online "direct" money market account, through somebody like ingdirect.com, hsbcdirect.com, or emigrantdirect.com."

Just to clarify, the aforementioned online banks are not money market accounts, which are invested in securities, but savings accounts, whose interest is paid to you directly by the bank and are (at least in ING's case) FDIC insured.

1/2/2007 1:32:02 PM

emigrantdirect.com is FDIC

1/2/2007 1:37:10 PM

I love wachovia. Just don't visit the one on hillsbourogh street, biggest asswholes on the plannet. I thougth I was on some hidden camera freak show.

1/2/2007 2:36:45 PM

I've never had a problem with Bank of America. They do have very low rates for their checking and savings accounts, so I'd start up several different accounts--
A local "everywhere" bank such as BoA that you have easy access to.
An online high-yield savings account such as one with HSBCDirect (5.05%) or ING.

You shuld be able to link the accounts to move money back and forth.

1/2/2007 2:39:51 PM

Bank of America is full of blood sucking shitbags, i would never let them see a cent of my money.

They have low interest rates, will rape you in the ass on overdraft charges and fees.

Not to mention the company my dad worked for went out of business and BoA had a big part in putting them under. BoA owed my dad's company $1.5 million as part of a contract to do business with. They delayed and delayed payment for services owed and for a small company 1 million was a lot of $$.

1/2/2007 3:05:30 PM

I use BB&T and have never had a problem.

1/2/2007 3:05:52 PM

Our family does some buisness w/ wachovia and has never had problems. if you were in NC i'd say NCSECU is your best option

1/2/2007 3:06:25 PM

Quote :

"They have low interest rates, will rape you in the ass on overdraft charges and fees."

Most major banks have low interest rates and high overdraft charges and fees, so BoA isn't any different in that respect.
Here's a hint: Don't spend more money than you have--that will guarantee that you don't go into overdraft. Don't blame them for YOU going into overdraft, that was your own fault.

1/2/2007 3:13:27 PM

Quote :

"Just to clarify, the aforementioned online banks are not money market accounts, which are invested in securities, but savings accounts, whose interest is paid to you directly by the bank and are (at least in ING's case) FDIC insured. "

True. I guess I should have said money market like rates.

1/2/2007 3:33:10 PM

Bank of America works fine for my checking account, i don't have any added fees with their standard checking account... i would recommend them for that, but i would keep your savings elsewhere to get a better interest rate (like everyone else has said)

1/2/2007 4:01:38 PM

Outer >>> Inner

1/2/2007 4:03:44 PM

Not sure if they have Virginia locations... check their site. But all of my business stuff is with Fidelity Bank... they're small and deal locally pretty much. You very rarely will talk to someone who is not sitting in your local branch. They've been PHENOMENAL for me - I'm switching all of my personal accounts to them shortly.

http://www.fidelitybanknc.com

1/2/2007 4:06:17 PM

yea if i was staying in NC i would just hold onto my NC SECU account

1/2/2007 4:52:07 PM

i spent the past week in Va and wanted to deposit some money into my ncsecu account

lady was like 'you can mail it to us'...i was like dangit

1/2/2007 4:54:01 PM

^^ I SAID you could look at their bank to see if they have VA locations... I know LOTS of smaller NC banks do... see if I try to help you anymore

1/2/2007 5:09:18 PM

i wasnt talking to you

i was talking to someone that mentioned NCSECU

1/2/2007 5:47:47 PM

i just opened a wachovia account


/THREAD

1/9/2007 3:10:48 PM