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Old 11-02-2010, 12:54 PM  
Sly
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,359
Quote:
Originally Posted by CYF View Post
What about having personal and business accounts at the same credit union? Any pros/cons to that?

The credit union I use actually has a really nice online banking system.
I have a personal and business at one, just a business at another. I could see it being beneficial for loans and things of that nature, I have not needed anything like that so I'm not really sure. I think that having more in one bank might give you more leverage, while some would say it exposes you to more risk. Personally I think the risk at any bank is pretty minimal, so what you are looking for is fees, customer service, online banking, and possibly loans.
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