Who do you bank with and why?

I use 3 banks-
Wells Fargo- have had an account there forever, and my wife had hers there too, so we linked our accounts and opened a joint checking and pay most of our bills from there. I've always been pretty satisfied with their service, although my wife and parents have had some complaints about WF service or policies.

Chase- I have a friend who is a banker there, so he opened an account for my wife and I and we got some of those cash bonuses, plus he upgraded us to their private client relationship which actually has a bunch of small, yet convenient perks. My favorite is the reimbursement for atm usage, meaning I can withdraw from any atm anywhere free of charge. We actually now do most of our banking through chase and have a free safe deposit box as well. The in branch service I've received has been excellent for the most part.

Bank of America- I only use this because it's linked to Merrill edge which I use for my investments. The closest b of a branch near me is awful so I rarely do any banking with b of a, I just have an account by default.

Charles Schwab - By far the best checking account on the market. No fees and terrific customer service. Downfall is they may not have physical locations to visit in your area, but this has never been an issue for me.

SunTrust - still open from college but will eventually close it.

Credit Union - auto rate was the best I found anywhere.

Regions. I'm not crazy about them but I couldn't convince my wife to switch to our local credit union when we got married.

We never borrow from them because their rates are just not competitive. I've gone with PenFed and our local CU for mortgage, auto loans, etc. (She doesn't care about these things thankfully)

Regions- has branches everywhere I need to be able to access cash (Nola, Bham, Huntsville, Tuscaloosa). Plus there is a branch/their HQ less than 2 blocks from where I live.

Should just use USAA since they reimburse ATM fees anyway but I haven't come to terms with online only banking yet.

Barclays - Best interest rates on savings accounts and CDs
Personal Capital - Wealth management
Commerce Bank - local bank for checking only and free safe deposit box.

Chase because I have my primary credit card with them (business rewards Ink) and USAA for reasons previously stated.

Chase
I've stuck with them since high school.
1) They've always treated me well when I was a dumbass.

2) Their hours are great.

3) They were one of the first to innovate mobile usage,
and I've always found it easy to use

4) The re financed my car and bent the rules a bit to do
it.

5) Quick pay!

Chase- first checking account ever. I now use it primarily to pay bills. Very small balances.

Whitney/Hancock- HELOC new relationship that will eventually grow in size. Very attractive interest rates and quick turnaround times.

Iberia- opened some small loans prior to my HELOC thnking they were the most competitive rates. I still carry a small balance in a checking account. May close soon.

quote:

---

Regions. I'm not crazy about them

---

Same. The top of my pet peeve list is that you cannot find your branch's phone number online. They all re-direct to the toll free main line. That has been an enormous pain in the arse working 300 miles away from home. My wife has Chase and I don't know why I haven't switched.

quote:

---

We never borrow from them because their rates are just not competitive

---

I recently refinanced a new auto loan through them. They beat PenFed and several other online CUs. Historically they are bad, though.

Navy Federal Credit Union- Most of my banking is here
If you are USAA eligible look at NFCU. Service is just as good if not better with better rates.


USAA- really only have for insurance but with that I have a saving and checking with them to transfer money for insurance.

Wells Fargo Investments and fidelity Investments for Roth IRA and 401K respectively.