Bank choice.

When you solve a question of in what bank and what types of accounts it is necessary for you to open, that it in the best way corresponded to your budget, it is necessary to consider some major factors. First of all it is necessary to pay attention to the list of services provided by bank, for the size of percent on deposits and on service charges level. If you can hold constantly on the account some thousand dollars or more, it is better to you to go to the large bank having the branched-out network of local offices and a wide range of provided services. Such banks offer usually high percent on deposits and high quality of servicing, and you won't need to be afraid of higher service charges as you will successfully avoid it, supporting a necessary minimum level. Optimum types of accounts in this case — NOW or SuperNOW as the check account and SuperSavings and/or CD — as savings. If the sum of your accumulation fluctuates considerably, quite often falling below 1,000 dollars, you can look for the bank offering the lowest minimum sums of deposits, necessary to avoid monthly service charges. Try to consider not only the size of service charges, but also cost of other services of purchase attract - warrants, a penalty for Overdraft checks etc. No-minimum Checking in a combination to Regular Savings or Money Market will be the optimum decision most likely. An important factor is also convenience of an arrangement of offices of bank (local branches). The majority of banks through the ATM network are connected in the general machine translation systems of money (largest of them — NYCE, CYRRUS, PLUS, MAC), and it means that by means of a bank card you can withdraw money from the account in any machine gun belonging to the same network, as your bank. However to put money for the account and to use other services (to issue a loan to receive certified check to buy attract - the warrant, etc.) you can only in office of your bank. Than more than bank offices in yours the district or in a work place, it is more convenient to that to you to carry out all bank operations. However, as a rule, banks with the branched most out network of local offices take higher payment for the services and pay smaller percent on deposits. If you plan to travel much or often to go on office affairs abroad (especially to any one country), you should take into consideration and such factor, as existence of offices of your bank in other countries, and also the offered volume of services in currency exchange, issue of traveler's checks (traveller's checks) etc. Among the American banks only, perhaps, Citibank can apply for the right to be called international though many other banks often happen are connected with any one foreign country and have there the offices.