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Small Business Banking Suggestions?

#1 Wilfrid

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Posted 04 February 2010 - 05:41 PM

I have been using Bank of America for business banking, and I have finally had it with the ridiculous fees for everything. I've searched without luck so far for sites which offer consumer comparisons of banking services. Any ideas about how I can find something better?

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#2 Rail Paul

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Posted 04 February 2010 - 05:50 PM

QUOTE(Wilfrid @ Feb 4 2010, 12:41 PM)

I've heard good things about New York Commercial Bank. I've not used them, myself. The bank has a significant business share on Long Island.

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#3 Ron Johnson

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Posted 04 February 2010 - 05:54 PM

#4 TaliesinNYC

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Posted 04 February 2010 - 06:02 PM

try ING Direct Orange.

http://business.ingdirect.com/

http://www.thedigeratilife.com/blog/index....-bank-features/ for a review. I didn't read it thoroughly, it is however one of the first search results that came up.

#5 Suzanne F

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Posted 04 February 2010 - 06:03 PM

Not sure about your request for comparisons, but: we've used Bache-->Prudential Bache-->Wachovia-->Wells Fargo for our business account forever (well, since 1985). It's basically an investment account but we keep everything in cash or MMF. There's a $150 annual fee, but no per-check or per-deposit charge and as far as I can tell, no minimum deposit. We no longer use the debit/ATM card, so I don't know what the fee would be. As I recall when Paul used it in Siberia in 2008, the only charges were 2% international transaction fees. When we did use it for purchases, there was nothing extra.

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#6 g.johnson

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Posted 04 February 2010 - 06:05 PM

Chase allow you to link your business account to your personal account so that if you're not liable to fees on the latter, there are none charged on the former.

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