checking

Your bank's been acquired: Should you stay?

Minimum-balance fees
Next
2 of 8
Back
text

Every bank and credit union has different levels of checking and savings accounts -- each with their own minimum balance requirements. It's important to find out what those are with your new financial institution to avoid being hit with monthly service charges.

"Usually, the takeover bank is bigger," says Bedda D'Angelo, president of Fiduciary Solutions, a financial planning company based in Durham, N.C. "Bigger banks typically have bigger and more fees."


 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Ask Dr. Don

Do savings bonds ever lose value?

Dear Dr. Don, If you own a 35-year Series I savings bond and have held it for 10 years, is it possible for it to lose value if you need to cash it in before it matures? Can the price actually go down at times? Thanks, ... Read more

advertisement
Partner Center
advertisement

Connect with us