Where should I open a new bank account?The current bank I am in is stealing my money with so many overdraft fees (totaling over $1000 in the past 2 years; the current charge is only $200). Even though my husband and I have direct deposit, they won't charge a transaction if I am 7 cents short and even if money will be deposited in the afternoon or... | |
Look into credit unions. They tend to offer better deals and friendlier policies than banks.
However, a new bank isn't going to solve your overdraft problem. It's a sign that you haven't been paying attention to your expenses and need to establish a firm budget. Gather your bills and cash machine receipts, set it all out on paper and find out where your money's going (hint: don't routinely carry your cards around), then set a bill paying and cash withdrawing schedule that doesn't depend on such precise timing.
I would suggest a local credit union or community bank. You may get better service from a small local institution. The less branches the better.
