Best Banks in Austin Texas 78741

[Bill Shoubless]

PERSONAL BANKING THAT DOESN'T GRILL YOU

Our philosophy is simple…to do what’s right for you and your financial needs every day. Let us help you find the right accounts tailored to your unique needs.


Here are a few traditional banking advantages and disadvantages:

Advantages of Traditional Banking

• You have easy access to and personal contact with the bank manager and other bank personnel.
• You can write counter checks, purchase bank checks, and deposit checks with a person.
• You have access to inside bank depositories, and can deposit or withdraw funds day or night all year round.
• Provide personal loans, mortgages, universal ATM access, and online banking.
• Federal Deposit Insurance (FDIC) protects your account up to $250,000.
• You can transfer funds, buy certificates of deposit, and open an IRA account.
• Online bill paying so that you can easily track your income and expenses.

Disadvantages of Traditional Banking

• Minimum checking account balance fees.
• Insufficient funds fees
• As a rule savings interest rates are lower than those paid by online banks.
• Higher interest rates on loans
• Inconvenience since generally open from 9:00 AM to 5:00 PM.
• Other miscellaneous fees.

Scores of large companies have started offering online options to provide personal financial services to a growing consumer base. By using online capability, these companies achieve the tremendous advantage of lower costs over their traditional competition. They reduce or eliminate bank personnel, leases, rent, buildings, and all the other expenses paid by traditional banks.

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Best Banks in Austin Texas 78741