In The News

Opening a bank account can be one of the most
important steps you take toward reaching your financial goals. Why? Because putting your money
in an FDIC-insured bank account can offer you financial safety, easy access to your funds, savings
from check-cashing fees, and overall financial peace of mind. If you do not currently have a bank account,
but have been thinking about opening one, here are some things you should consider.

1.  Is the account insured by the FDIC?

2.  Does the account have a montly fee?

3.  Is there a way to avoid or reduce the montly fee, such as by keeping aspecific amount of money in the account each month?

4.  Does the account charge overdraft fees for spending more money than is in the account?

5.  Will I have to pay a fee to use the bank's ATMs to withdraw cash?

6.  Will the bank charge me a fee if I use another bank's ATM or an ATM in a store to withdraw cash?

7.  Does the account send out emails or text message alerts that I can use to manage my money?

8.  Does the bank allow me to pay my bills for free by using online bill payments on my phone or on a computer?

9.  Is it important to have a bank branch that is conveniently located?

10.  Does the account have a fee for conducting transactions iwth a bank teller or talking to a CSR?

Check out FDIC.GOV for more banking information