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Banks With No Minimum Balance

Can anyone recommend a bank with no minimum balance?

By Kirm from Erie, PA

Answers: Banks With No Minimum Balance

Read answers for this question below.
By
03/06/2011

Go to a credit union.

By
03/04/2011

I refuse to do my banking at any bank. My credit union has a $5 minimum on savings, $0 minimum for checking. Fees are much lower, and cu employees treat us like royalty even though we keep very small balances. Don't know how cus are in your area, but ours includes us in their annual profit-sharing. Last but not least, I never got better than 5% at a bank... I think it was half that for savings. My cu savings reaps a 7% APY.

By
03/03/2011

Dollar Bank. I know they have offices in Pittsburgh, not sure about Erie.

By
03/03/2011

Go to your local credit union and get away from any large national bank!

By
03/02/2011

Regions.

By
03/01/2011

Try PNC Bank - they likely have accounts with no minimum.

By
03/01/2011

I bank at credit unions, they usually require a $5 minimum balance in savings. They are also not as "fee-happy" as banks. I have had overdraft charges reversed if a deposit came in after the check cleared.

Good luck!

By
03/01/2011

I don't know which banks are in your area. Do you mean checking or savings accounts? You can research the various banks online or give them a call as MCW suggests. If you are over 50 many banks have special free senior accounts. If you have a direct deposit done monthly (like payroll or Social Security) some banks will give you free accounts. Ask.

By
02/28/2011

You would have to call the banks in your area and ask the same question.

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