From the course: Personal Finance Tips Weekly

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Should you break up with your bank?

Should you break up with your bank?

From the course: Personal Finance Tips Weekly

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Should you break up with your bank?

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- Every relationship has its ups and downs, but if you're feeling taken advantage of, ignored or like your only valued for how much money you have, then it may be time to break up with your bank. And frankly, you've got options. Many financial institutions are just waiting to be in a relationship with you. Credit unions and online banks offer many attractive features that you may not have even considered. But how do you know it's time to move on and how do you go about moving your money? Here are some easy steps to get into the right banking relationship for you. First, look at the details of your existing account and see what services you're using, fees you're paying and what needs your bank isn't meeting. Perhaps you want more branch locations where you can speak with a human, or maybe you would never use that service and just want the lowest fees. Make a list of what you're looking for. Once you've found it, open an account with your new institution. This is pretty simple for an…

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