If you're moving, you'll want to explore the neighborhood for the essential places that will make up your new routine. One thing that might not be on your radar as a must-find is a new financial institution. And if it isn’t, you could be shortchanging yourself… literally.
If you’ve been lucky enough to not have any complaints with your megabank, then why mess up a good thing, right? Well, we don’t totally agree.
Millennials and young families are constantly on the move. Whether you’re relocating for your new job or you simply have a case of wanderlust, it might seem easier to just go with a national megabank that has branch locations everywhere. We’re pointing out why bigger isn’t always better.
Financial institutions of all sizes have the same basic measures in place to protect your identity and security, and some go the extra mile. It’s up to you to do the research to find out which bank is best for you.
Rather than settle for a current big bank relationship “just because” or wait around for something to go wrong, there are many reasons to proactively consider banking with a community bank or credit union.
As frustrated as they are with their financial institution, most people don’t do anything about it, believing that switching banks can be a hassle. But it doesn’t have to be that way. These seven simple steps can make the process go smoothly.
Smaller, community banks and credit unions have a lot going for them. If you’ve ever thought of switching banks from your national megabank to a neighborhood financial institution, here are six reasons why switching to a local bank can pay off for you.