Credit unions are federally insured, just as bank deposits are. Look for banks that offer a checking account linked with another account. Your savings balance, for instance, may offset your checking account balance requirement. If you use ATMs frequently, look for banks with a lot of them. Most banks do not charge you to use their own machines.
Many employers offer direct deposit.
The federal government also pays Social Security and other benefits through direct deposit. If you cannot maintain high minimum balances, it is best to avoid these accounts because the fees may cost you more than it's worth to earn the low interest on your balance. Take a minute to think about how comfortable you feel at each institution. Bankrate Inc. All rights reserved.