The big areas of growth in income are from such activities as loan growth, mutual fund sales and loan securitization. ABA recommends that consumers conduct a financial review every year. Determine how much money you plan to keep in your account each month and how many checks you typically write . Find out about opportunities to have fees waived . You may be able to combine balances from other accounts or loans to meet your minimum balance.
Some banks offer free checking with direct deposit.
Prioritize what kind of convenience you're looking for . Comparison shopping is extremely important, but don't get bogged down in pricing services you may rarely use, such as certified checks or wire transfers. Focus on getting the best deal for the services you use regularly. The ABA brings together all categories of banking institutions to best represent the interests of this rapidly changing industry. E-mail the ABA Webmaster.