Wednesday, August 22, 2007

Banking

I've been procrastinating on researching checking accounts.  I'd researched a few local banks previously.  Suggestions were made to check credit unions and online banking, so here is my undated info:
 
AMCCU has $2.00 monthly fee, .35% interest with a $750 minimum, 3 locations in Kenosha and on-line banking.
 
Southern Lakes Credit Union has a $6.00 monthly fee and pays interest with a $500 minimum.
 
US Bank  - online has a $100 minimum to open, no fees, and does not pay interest until balance is over $10,000.
 
Chase has free checking for 1 year, then $9.00 per month or $4000 minimum balance.  They do pay interest on checking.  The current rate is .4%
 
Johnson Bank has free checking with no minimum balance. - no interest on checking.  If we chose to have online banking, there would be a $6.00 per month fee.  If we had a savings account, if the balance was above $300, we would receive interest at a rate of .4%. 
 
I think Johnson is still our best bet.
 
Sorry I missed the August meeting.  We were on vacation.  Through the school year, I have another commitment on Wednesday evenings, but maybe I'll make a Mom's night out every now & again.
 
Thanks,
Pam
 
 
 
 
 

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