ForumsFinancing Tips

Block 22, Is this a new business?? Do you have a Business name and a Federal I D Number??
You are in
Fort Worth,
Texas. Is Bank of America in town??
Basically you pick a bank by location and convince (like hours)
Good luck, LUCKIEST

My favorite word here..FREE.

Chase, Bof A & WAMU have free business checking. Start making the rounds to each branch close to your home or office. Websites and phone calls are useless when establishing a business banking relationship.

Before I put my two cents in, let me begin by wishing one and all a happy and healthy 2008.

Several people have mentioned the merits of finding a free business account. To be sure, nobody appreciates free more than I do, and there are certainly many banks out there offering 'free' accounts.

I have found, however, that these 'free' accounts tend to attrach heavy numbers of individuals seeking free banking accounts, as opposed to business accounts. That means the lobbies and drive-thru lanes are always crowded and every time you stop in to make a deposit or conduct any kind of banking business, you can expect to be there awhile. "Time is money" as they say, and wasting a half-hour of my valuable time standing in a bank line in order to save less than a dollar a day in bank fees doesn't sound like a bargain or smart business decision to me.

I therefore submit that your choice of bank should be the combination of reasonable (not necessarily free) fees along with convenience in terms of physical location, banking hours, ammeneties (Saturday banking , drive-thru ATMS, lots of well-manned drive-thru lanes)etc.) just to name a few.

Hope this helps.
Barry
Automated Merchant Solutions
www.merchantservices-help.com

One other note, though, sometimes a checking account from WAMU won't be in your best interests, such as the hold they put on deposited checks...I use a local credit union and it's worked out well for me, although I'm sure WAMU has plenty of satisfied customers as well.

Thank you for the information that you sheared with me, i realy appreciate it .
The first step is the hardest but... we will cross that bridge , and safely.

I would suggest your local credit union.....you can establish a relationship with them for half the cost of the big commercial banks and normally they are looking to establish rapport with area businesses for community awareness and exposure......