Banking

What are some things to consider before opening up a bank account?

There are several things that you should consider before opening a bank account:

  • Is there a minimum balance on the account?
  • Is there interest that can be earned on this account?
  • Is there a monthly service charge?
  • Is the account charged for each check written?
  • Is there a fee for use of the Automated Teller Machine (ATM)?
  • Are the canceled checks returned or kept at the bank?

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