From your everyday checking account to your savings account you add to every month, your bank will influence your financial standings. Here at Budget Geek, it is our goal to give you the information to pick the correct bank for you.

Important factors for choosing your bank come down to fees and convince. If you’re not careful with your budget you may need an account with overdraft protection. You have to decide if you need the accessibility of a brick and mortar bank, or the low-fee freedom of an online only bank.

The first step to picking your bank is deciding which type of account you are looking to open.

Here is everything you need to know about opening a bank account.

Checking Account

Checking Accounts are meant for everyday usage with easy access to your cash. Due to this spending freedom, they have lower interest rates than a traditional savings account. Between brick and mortar branches and online only checking they have plenty of options to chose from.

Learn More about Checking Accounts

Savings Account

Saving Accounts are designed to be a safe place to store funds that you do not need to access on a regular basis. They offer better interest rates than your typical checking account and are a great way of keeping your finances separated.

Learn more about Saving Accounts

Credit Unions

A credit union is a member-owned financial cooperative, controlled by its members and operated on the principle of people helping people, providing its members credit at competitive rates as well as other financial services.

Learn more about Credit Unions

Certificate of Deposit (CDs)

Certificate of Deposits offer a higher interest rate than a typical Savings Account but your funds are not as accessible.

Learn more about CDs