Unless you’re a caveman, you probably put your money in some type of bank. You may stash your money with a mega-corporate bank (aka The Man). In that case you likely pay fees for your bank to hold onto and useyour money or you jump through hoops to make sure you avoid stupid fees from said institution.

I consider myself a bit of a bank connoisseur. Currently, we have five financial institutions at our disposal, and yes, that is too many. If it wasn’t for my rational wife, we’d have even more because I’m a bank addict (further confirming I’m an absolute nerd).

From purely anecdotal evidence, lots of people have banks they are moderately happy or even unhappy with, but they don’t know what their other options are or don’t have time to research new options. Friends, your banking problem is about to get solved.

Things I commonly hear from people with subpar banking experiences or from those rationalizing paying fees to bank:

• “My faceless, gimmicky, corporate, bloodsucking bank is everywhere, so I can always find an ATM.”
• “I’ve always had an account there, so it’s easier to stick with them.”
• “They have good technology.”
• “I have a credit card with them, so I might as well have my bank with them.” Continue reading →