RESEARCH A BANK BEFORE OPENING AN ACCOUNT

9/16/2008

Fort Worth, TX – Before opening a new bank account do some research. First, determine the type of accounts that meet your situation. Second, compare what different institutions offer and what the associated costs are. In particular, determine the different fees that the bank charges. Third compare the minimum balance for the account and what penalty is if it is not maintained. Finally consolidating your accounts at one bank may give you additional negotiating power with the financial institution.