Does anybody's banks not make you have a minimum

Julestrd Posted: Jun 18, 2004 06:53 PM

Does anybody's banks not make you have a minimum

balance? We have Washington Mutual now but they are really starting to suck and want to switch banks.

dm24angel Posted: Jun 18, 2004 06:59 PM

Re: Does anybody's banks not make you have a minimum

I have Bethpage Federal credit union...no minimum balance and FH has Roslyn ( used to be CFS) and they have no minimum....

p.s if you can get into a credit union like BFCU or one of the others, the fees are such are much better as well...

eogara Posted: Jun 18, 2004 07:01 PM

Re: Does anybody's banks not make you have a minimum

FH and I just opened our first joint account at Commerce and we don't have a minimum.

ChristineC68 Posted: Jun 18, 2004 07:52 PM

Re: Does anybody's banks not make you have a minimum

I have free checking at Chase because I have direct deposit and my savings account is at INGDirect.com which is has no fees or balance requirements and a good interest rate.

Xelindrya Posted: Jun 18, 2004 08:04 PM

Re: Does anybody's banks not make you have a minimum

Federal Credit Unions usually don't need a minimum

gertyrae Posted: Jun 18, 2004 08:30 PM

Re: Does anybody's banks not make you have a minimum

We have Teacher's Federal Credit Union, no minimum balance on any account. And they all earn interest. Not much, but what the hey.

sarahthegreat Posted: Jun 18, 2004 08:32 PM

Re: Does anybody's banks not make you have a minimum

Posted by Julestrd

balance? We have Washington Mutual now but they are really starting to suck and want to switch banks.

i have WM for both savings & checkings, with no problems. what don't you like about them?

Julestrd Posted: Jun 18, 2004 09:28 PM

Re: Does anybody's banks not make you have a minimum

They never told us that they put a 3 day hold on ALL checks. What if I needed that money right away.

sarahthegreat Posted: Jun 18, 2004 09:46 PM

Re: Does anybody's banks not make you have a minimum

Posted by Julestrd

They never told us that they put a 3 day hold on ALL checks. What if I needed that money right away.

ohhh i see. when i opened my checking acct she told me b/c of 9/11 they hold checks for 3 days (i think), but only for the first month. but i understand that, it is frustrating. fh has citibank and has no problems with them.

MrsK-in-June05 Posted: Jun 19, 2004 08:51 AM

Re: Does anybody's banks not make you have a minimum

I use BOFH, Bank of Future Husband, he has no minimum and the ATM is always open!!! I used to use HSBC and they are total jacka**es. Fees for everything, minimum balances..my favortie was when I had $3 in the checking acct (day b4 payday, of course) and they charged my monthly fee, checking fee and then had the nerve to cause me for an overdraft that they caused!!!

AmyKay Posted: Jun 19, 2004 09:29 AM

Re: Does anybody's banks not make you have a minimum

We had our accounts with WM but switched to Commerce!!! We love Commerce!!! They have great hours!!!!

bogiedmb41 Posted: Jun 19, 2004 09:47 AM

Re: Does anybody's banks not make you have a minimum

Most credit unions don't, your best bet is to try and get into a credit union, if you are a student or anyone in your family is you can get into teachers federal credit union...or if anyone you know works in a civil service position you can get into suffolk federal credit union...I don't know about any of the other ones though.

sarahthegreat Posted: Jun 19, 2004 10:08 AM

Re: Does anybody's banks not make you have a minimum

Posted by MrsKinMay05

I use BOFH, Bank of Future Husband, he has no minimum and the ATM is always open!!! I used to use HSBC and they are total jacka**es. Fees for everything, minimum balances..my favortie was when I had $3 in the checking acct (day b4 payday, of course) and they charged my monthly fee, checking fee and then had the nerve to cause me for an overdraft that they caused!!!

totally agree about hsbc, they are the worst. too many fees and even after i closed my acct they called about an overdraft. now i have wash mutual and have not had one problem.

BlondeJD Posted: Jun 19, 2004 10:30 AM

Re: Does anybody's banks not make you have a minimum

Posted by dm24angel

I have Bethpage Federal credit union...no minimum balance and FH has Roslyn ( used to be CFS) and they have no minimum....

p.s if you can get into a credit union like BFCU or one of the others, the fees are such are much better as well...

Definitely try to get into a credit union like BFCU, Teachers FCU, Nassau FCU. I think my minimum for savings is $1, no min for checking either. The only downside is that it's virtually impossible to find an ATM except AT the FCU. So, I used to pay $1.50 ATM fee + $.75 that the FCU would charge me for using an outside ATM.

MCDO15 Posted: Jun 19, 2004 11:10 AM

Re: Does anybody's banks not make you have a minimum

i work for chase and we offer things that you are looking for..check it out

octobergirl Posted: Jun 19, 2004 11:15 AM

Re: Does anybody's banks not make you have a minimum

Posted by Julestrd

balance? We have Washington Mutual now but they are really starting to suck and want to switch banks.

Thats not good to hear! I was just thinking of switching over to them because they are so much closer to where I live than my current bank. Can you tell me why you're not happy with them? Thanks!

palebride Posted: Jun 19, 2004 11:53 AM

Re: Does anybody's banks not make you have a minimum

WM also has an excess activity fee if you have too many online transactions each month....found that out the hard way!!

MayBride06 Posted: Jun 19, 2004 12:04 PM

Re: Does anybody's banks not make you have a minimum

GreenPoint does not reqiure a minimum if you have your paycheck direct deposited!!

Julestrd Posted: Jun 19, 2004 12:17 PM

Re: Does anybody's banks not make you have a minimum

Posted by smm2675

Posted by Julestrd

They never told us that they put a 3 day hold on ALL checks. What if I needed that money right away.

ohhh i see. when i opened my checking acct she told me b/c of 9/11 they hold checks for 3 days (i think), but only for the first month. but i understand that, it is frustrating. fh has citibank and has no problems with them.

We have had them for 3 months now and they are still holding our checks. Now they are saying it's the first 100 checks they hold, how much sense does that make?