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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