When it comes to banking, you want to be able to find a great bank with banking services you can trust. Are you worried about becoming involved with a mega bank? Do you feel like you will be just another account number lost in the vast wasteland of bad customer service? There are friendly banking alternatives that offer the personalized customer services you would expect from a big bank without all of the worries. Questions such as, “What kind of checking account do I need?” will be answered for you.
Get the advice you want concerning the type of accounts you need including business and personal checking, loans and savings. Enjoy online and mobile banking solutions that make banking on the go much easier and convenient. Businesses can enjoy commercial loans perfect for small businesses and on the consumer side, mortgage lending is made easy.
Per a United State bank study, nearly 82% of businesses fail due to cash flow problems. The right business banking relationship can help keep that from happening. No matter what type of banking you require, a Palm Beach bank of your choosing has the cash management services you necessitate.
What Kind of Checking Account Do I Need?
What is the difference between a checking account and a savings account? This is a typical question most people need an answer to before opening a bank account. A checking account offers direct access to monetary funds for daily use while a bank keeps the money secure. Typically, checks or a debit card are issued so you can easily make purchases and pay bills.
There are many kinds of personal checking accounts available from banks near you. If you are wondering, “What kind of checking account do I need?”. To start, you need personal banking options in regards to an account that minimizes fees while increasing satisfaction. Several options are offered by esteemed banking institutions ready to help you open your first bank account, or your next banking account whether checking or savings!
A survey composed by GOBankingRates in 2016 shows that 35% of adults in the United States only have a few hundred dollars in savings accounts, and 34% have no funds. Great banking institutions can assist you in opening a savings account so you can start saving money and raise the percentage of American’s saving money on average. There is much to learn about savings accounts that will benefit your financial future.
A savings account gives you the opportunity to accumulate interest on your funds. Save for future needs, college, a new car or home. Interest rates tend to be compounded on an annual, monthly, weekly or daily basis. Banking representatives are always there to help you decide which type of savings account is perfect for you.
Banks Near You Can Help You Invest in Yourself
Are you ready to apply for a home loan? Perhaps you already have a mortgage, but it isn’t right for you. The amount of home equity available now is over $13 trillion. In 2011, it was only $6.3 trillion. That fact is encouraging when it comes to investing in yourself. Purchasing a home is more than likely going to be one of the biggest investments you make. Home loans from a community bank can help you reach those goals faster.
The right bank can assist you in finding a 15- or 30-year fixed rate mortgage. Whether you want to purchase your first home, or invest in a new home, banking professionals are able to find the mortgage to fit your needs. Just know all of your needs will be met, including finding out answers to inquires such as “What kind of checking account do I need?”. You will receive the forthright guidance you want to help you make important banking decisions.