choose your bank wisely

Hey kat, I work @ a Bank, I agree with that saying chosse your Bamk wisely, the bank I work for all the state and government has an account with us and even hospital and major companies have accounts with us you wouldn't believe it I didn't know until I I started working at my bank so I know many banks on the united states the country I live in have went bankrupt and have been bought out but, to honest we stand strong. Haha.. I would lay the bank down on a line chosse which ever one you think offers you the best not only in service but, in many different categories. Mines I'm very happy. I'm a empolyee so I can get free accounts and etc. But I offer customers and tell them what we offer and what they can benefit from a type of account. Well yeah be careful and chose wisely,

For me yes just only deposit for the trusted bank ever.

i agree with the others, with opening a bank account, we have to consider the stability of the bank with how long they are in business, their reputation as to whether they have no history of anomalies and others. with the bank you have mentioned here (not actually stated the name), i know that the bank is not that old to be told, established or something. besides, they do not have so many branches nationwide. we can tell that their original business which is courier business is well established. but their bank is?

You are certainly right when you say that people should choose their banks with care. If they do not do this then you risk them going bankrupt and taking everything that you have saved up in there with them. If you pick a larger bank then you're normally safe because they have a stable income for themselves. However, if you pick a smaller bank which might be newer, then you could run into difficulty because they will not be as experienced in running a business and this might mean that the things that they are offering cannot be afforded by them and this will mean that they're more likely to lose your money in the long term than some of the bigger banks are.

One should really make a thorough research before placing their money on a bank.A bank should have a good reputation and people should not be looking at high interest rates alone. If the interest rates are high.. sometimes, its just a come on to have many investors.If its too good to be true, then, its probably is!

We should go for new banks in hurry.We can wait and see how they respond.Its better to use in old bank those who already got trust.Most of the new banks are scam.They show high interest,but at the end they took everything.

I think we should also consider how long the bank has been in operation because the older it is,the more stable it is.

I strongly suggest to go with the banks with solid fundamentals and good reputation. Those big banks built with stability is the way to go. They are sure to weather the storm if ever they hit on them. Try to research the top banks and go with them. And yes, those with higher interest earning offers from a bank can be a risky thing too. Check on your risk tolerance level and go with the bank that suits that up.