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When I first moved to town I picked a bank only by how close the branch was to me. I would bring in my paycheck to deposit most of it, and get cash to use as my budget for the grocery shopping and such. In the era long before the internet or ATM cards or any electronic banking.
One day I needed more cash and went to write a check and they would not give me my own money. I pretty much made a scene and the manager came over and decided to let me have my own money. I never did hear a valid reason why the teller did not do it in the first place. I decided that was it for that bank. I went to a new bank, and wrote a check that was going to leave $5 bucks in the old bank. They sent me statements for a year, and charged fees to make it go negative. They finally closed the account and I never went back.
My business account has no fees at all. We do have a savings account that we dubbed the "engine fund" for the day the airplane engine has to be replaced. It makes a little bit of interest but not much. My credit union pay me more interest on ly checking account that the saving account. They require a savings account so I have a few hundred in it, but more in checking only because it pays way more interest.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
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