best bank for a mainstream business account? - GoFuckYourself.com

CYF · 11-02-2010, 10:24 AM

What's a good bank for a mainstream business account? I'm using a regional bank and not very happy with them anymore.

What about using the credit union where I do my personal banking?

Looking for suggestions on banks that I can do more research on

Wizzo · 11-02-2010, 10:26 AM

I've been very happy with Chase.

Sly · 11-02-2010, 10:46 AM

I personally like local banks and credit unions best. "Give back to the community" and all of that jazz. Plus I can beat someone's door if they try stealing my money! It's true that my local credit union does not have the online capabilities of my Wells Fargo account, but overall, I still like it. Minimal fees, etc.

anexsia · 11-02-2010, 11:19 AM

I've been happy with BB&T

candyflip · 11-02-2010, 11:19 AM

My personal stuff is all in a large local credit union. Business is with Chase.

fuzebox · 11-02-2010, 12:26 PM

I've been using US Bank for a year now and have been blown away by their customer service...

I moved from Chase who was a nightmare and allowed $1k to be stolen out of my account, and have provided awful support every since they bought my old bank WaMu.

CYF · 11-02-2010, 12:46 PM

Quote:

Originally Posted by Sly

I personally like local banks and credit unions best. "Give back to the community" and all of that jazz. Plus I can beat someone's door if they try stealing my money! It's true that my local credit union does not have the online capabilities of my Wells Fargo account, but overall, I still like it. Minimal fees, etc.

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.

Sly · 11-02-2010, 12:54 PM

Quote:

Originally Posted by CYF

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.

Black All Through · 11-02-2010, 01:23 PM

We have had a business account with Wachovia for many years and we are very satisfied with them. If in the south east I'll suggest also Suntrust.

Indecent · 11-02-2010, 01:26 PM

I use Wells Fargo and have never had any problems... but I do everything online, to include cashing checks and such. I don't give the tellers the opportunity to see any of the paper checks or ask any questions.

CYF · 11-02-2010, 01:58 PM

Quote:

Originally Posted by Indecent

I use Wells Fargo and have never had any problems... but I do everything online, to include cashing checks and such. I don't give the tellers the opportunity to see any of the paper checks or ask any questions.

this is for a mainstream account, so I'm not worried about anyone seeing company names on the checks

Barry-xlovecam · 11-02-2010, 03:09 PM

For what? If just depositing checks, completing normal transactions ? I don't think it matters.

Bank branches and their managers are what matters unless you get that "our bank policy is ..." crap ? then find another bank.

For international commerce, an account for wire in/out transactions at a money center bank may be worthwhile. Otherwise, a regional bank is fine.

Fat Panda · 11-02-2010, 03:20 PM

Bank of America

carzygirls · 11-02-2010, 03:23 PM

For online transactions I use CDG commerce with Quantum Vault gateway and dump it all in my local credit union. Best setup ever.

CYF · 11-02-2010, 07:41 PM

Quote:

Originally Posted by Barry-xlovecam

For what? If just depositing checks, completing normal transactions ? I don't think it matters.

Bank branches and their managers are what matters unless you get that "our bank policy is ..." crap ? then find another bank.

For international commerce, an account for wire in/out transactions at a money center bank may be worthwhile. Otherwise, a regional bank is fine.

For check cashing, paying bills, maybe the occasional wire. Don't all banks provide wires in/out?

Barry-xlovecam · 11-02-2010, 08:21 PM

Some smaller banks may need intermediary banks to wire transfer ( additional fees) mainly on international transfers.

Horny Dude · 11-02-2010, 08:23 PM

Quote:

Originally Posted by SAC

Bank of America

I second BofA. They have always been helpful.

CYF · 11-03-2010, 09:19 AM

Quote:

Originally Posted by Barry-xlovecam

Some smaller banks may need intermediary banks to wire transfer ( additional fees) mainly on international transfers.

ahh, I see. Thanks for the info.

Do banks allow you to add your DBA to the account or do you need two separate accounts? Does that vary depending on the bank too?

CYF · 11-03-2010, 12:03 PM

bump for me

Cyandin · 11-03-2010, 12:26 PM

Quote:

Originally Posted by CYF

ahh, I see. Thanks for the info.

Do banks allow you to add your DBA to the account or do you need two separate accounts? Does that vary depending on the bank too?

Chase lets me have record of both the legal name and DBA of my entities associated with the same account, so I could feasibly accept payment made out to either name.

Plus, I can call my local branch and they all know me and do almost anything I need right over the phone (after proper verifications).

Chase rocks.

CYF · 11-03-2010, 01:20 PM

Quote:

Originally Posted by Cyandin

Chase lets me have record of both the legal name and DBA of my entities associated with the same account, so I could feasibly accept payment made out to either name.

Plus, I can call my local branch and they all know me and do almost anything I need right over the phone (after proper verifications).

Chase rocks.

cool, thanks for the info

11-02-2010, 10:24 AM	#1
CYF Coupon Guru Industry Role: Join Date: Mar 2009 Location: Minneapolis Posts: 10,973	best bank for a mainstream business account? What's a good bank for a mainstream business account? I'm using a regional bank and not very happy with them anymore. What about using the credit union where I do my personal banking? Looking for suggestions on banks that I can do more research on __________________ Webmaster Coupons Coupons and discounts for hosting, domains, SSL Certs, and more! AmeriNOC Coupons \| Certified Hosting Coupons \| Hosting Coupons \| Domain Name Coupons

11-02-2010, 10:26 AM	#2
Wizzo 2011 GFY Hall of Fame! Industry Role: Join Date: Nov 2000 Location: Back in Texas! Posts: 15,224	I've been very happy with Chase. __________________ Looking for Opportunity!

11-02-2010, 10:46 AM	#3
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,329	I personally like local banks and credit unions best. "Give back to the community" and all of that jazz. Plus I can beat someone's door if they try stealing my money! It's true that my local credit union does not have the online capabilities of my Wells Fargo account, but overall, I still like it. Minimal fees, etc. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

11-02-2010, 11:19 AM	#5
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	My personal stuff is all in a large local credit union. Business is with Chase. __________________ Spend you some brain. Email Me

11-02-2010, 01:23 PM	#9
Black All Through Confirmed User Industry Role: Join Date: Oct 2010 Location: US Posts: 2,078	We have had a business account with Wachovia for many years and we are very satisfied with them. If in the south east I'll suggest also Suntrust. __________________ I want to buy contextual links on quality blogs For both Adult and mainstream niche - Small to massive packages

11-02-2010, 11:19 AM	#4
anexsia Confirmed User Industry Role: Join Date: May 2010 Posts: 5,735	I've been happy with BB&T

11-02-2010, 12:26 PM	#6
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,119	I've been using US Bank for a year now and have been blown away by their customer service... I moved from Chase who was a nightmare and allowed $1k to be stolen out of my account, and have provided awful support every since they bought my old bank WaMu.

11-02-2010, 01:26 PM	#10
Indecent Confirmed User Join Date: Mar 2006 Posts: 156	I use Wells Fargo and have never had any problems... but I do everything online, to include cashing checks and such. I don't give the tellers the opportunity to see any of the paper checks or ask any questions.

11-02-2010, 03:09 PM	#12
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	For what? If just depositing checks, completing normal transactions ? I don't think it matters. Bank branches and their managers are what matters unless you get that "our bank policy is ..." crap ? then find another bank. For international commerce, an account for wire in/out transactions at a money center bank may be worthwhile. Otherwise, a regional bank is fine.

11-02-2010, 03:20 PM	#13
Fat Panda Porn is Dead. Move along. Industry Role: Join Date: Aug 2006 Posts: 13,295	Bank of America

11-02-2010, 03:23 PM	#14
carzygirls So Fucking Banned Industry Role: Join Date: Oct 2010 Posts: 857	For online transactions I use CDG commerce with Quantum Vault gateway and dump it all in my local credit union. Best setup ever.

11-02-2010, 08:21 PM	#16
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	Some smaller banks may need intermediary banks to wire transfer ( additional fees) mainly on international transfers.

11-03-2010, 12:03 PM	#19
CYF Coupon Guru Industry Role: Join Date: Mar 2009 Location: Minneapolis Posts: 10,973	bump for me __________________ Webmaster Coupons Coupons and discounts for hosting, domains, SSL Certs, and more! AmeriNOC Coupons \| Certified Hosting Coupons \| Hosting Coupons \| Domain Name Coupons