whit wrote:You mentioned needing a bank that would fit your needs. What banking needs do you have, how does your current local branch in Hawaii service you--what do you like about that bank and what would you like to see implemented.
Understand that banks in the U.S. is going through some changes gradually but overall it will be a pretty big impact.
I myself, have no need for going into the bank and almost never take any cash out of atms so technically my non-brick and mortar bank would do the trick.
However, even though it's FDIC insured I do not want to suddenly find it brought out by another big bank and so I have a few accounts, in the cloud and on the sidewalk.
You have to let us know what are the deal breakers for you and it may be easier to break down because to be honest, even if you move around a lot; depending on how you use your accounts you can always go small and local or in the cloud or one of the big fours.
obxfisherman wrote:As others have stated more details would be beneficial. Without knowing anything a semi popular online bank for non military, is Ally Bank. Assuming you don't deposit cash. For Military my personal vote is Navy Federal Credit Union. They are wonderful. Not necessarily present in the Midwest, since they are near military bases generally, so it would be treated again like an online bank, but only if you are military.
For a non online bank with plenty of branches I would recommend Wells Fargo. Why Wells Fargo? Because you say you are going to live in the midwest, with no specific location noted, and Wells Fargo does a good job at covering the midwest. Generally speaking no matter where you move to in the United States a Wells Fargo will be there, although as others have stated banks are going through a transitional faze now that will take some time. I would have recommend BoA but their foot print isn't that good in the Midwest. If they happen to be where you're going to be staying then i'd choose them, just because I like their interface, having all accounts (checking, savings, and investment) accounts all in one..lots of people dislike BoA however.
Again more info would be helpful but that is my opinion based on personal opinion.
My needs are pretty basic for the most part. I do need the occasional time where I may need cash and need access to an ATM quick. Also, for the odd times that I need to go into the branch to deposit cash. I don't have any investments, IRA, etc yet as I am paying off my school loans. But I am looking to start my ROTH hopefully in the next year or two. Still deciding between Vanguard and Fidelity.
My current situation is that I do my primary banking at one situation where I get my DD and pay all my bills through my checking. I also have other accounts with another local Hawaii institution holding my E-funds. So that is covered. I am just looking to move my E-funds to probably an online bank. Still deciding between Charles Schwab, Capital 360 and ally bank. None of em really appeals to me yet. I will probably
Will moving states based upon a PHD program and also after working and completing my Masters in Colorado. I will be relocating to Colorado for work and educational purposes. I am not military so NFCU is out. I really do like NFCU though. They seem to have their stuff together and not to mention the better rates. But I am looking at PHD programs towards the East Coast and may seem that I will be applying as early as next summer.
As far as BoA, I thought about it but yes, their footprint in Colorado is not that great. Several of them actually closed down which may not be a good sign.
I am leaning towards Chase because I had my CHASE freedom card for 3 years with them and they provided excellent customer service to so far. *cross my fingers* it keeps up.
So I may do a mixture of what you folks have mentioned. Maybe go to a brick and mortar for in person needs, open an online banking to fill in those gaps that I don't get when working with my brick and mortar. Just got to figure out which would be the best option for me right now since I probably won't be stable living until maybe 5-7 years out.
travisrauh wrote:Though they don't have any actual physical branches, I'd still strongly suggest Charles Schwab if you're comfortable with the thought of online/mobile banking. They're available 24/7 with superb 100% US customer service, refund all ATM fees globally, no foreign transaction fees on international debit card purchases (now with C&S), etc. I've been blown away with every customer service interaction I've had with them and I'm usually not very easily impressed. There are only two downsides I can think of - one of which is the only thing I can think of that might possibly turn you off. 1.) You do need to open a brokerage account with them (you can request a checking account at the same time during application) - though you don't need to use it and you don't need to keep any funds in that account. 2.) Since there are no physical branches outside of Nevada, you cannot easily make cash deposits (you would need to mail that). Check deposits are easy and pretty quick (funds usually available within 30 minutes in my experience) when done via the mobile check deposit on their mobile app.
Impressed, I will start looking more into Charles Schwab.