O/Os, which banking establishment do you use for your business?

Ive been curious about Wells Fargo since moving into their region. When outside of their region do you incur transaction fees? Also do they utilize quickbooks tranaction? Thank you.

 

local credit union.

my personal and business have virtually been freebies. compared to the fees i was paying with the major banks.

the gooberment cracked down on banks. the fees we once had are mostly gone. but new fees are popping up. credit unions aren't using fees as an excuse to stay in business. credit unions also aren't out of control with their business practices.

used to be a time when you had to know someone to be a member. i literally went out and partied once i was able to get my own account on my own means. i'll never go back to banks again.

 

When I switched my business banking to credit unions we figured a savings of about $6000 per year. We did a lot of international wire transfers. It was just astonishing how little we were charged from the credit union. I would encourage everyone to look at their local credit union.

 

Credit union is the only way to go for small operators. As others have pointed out no fees. And I could care less about having to pay an ATM fee somewhere out on the road because I'm using a small credit union. Very rare i need to get cash from an ATM on the road anyways. A half dozen or more ATM fees in a year wouldn't even come close to being a deal breaker considering everything else is no fee's. Banks, large ones and also "friendly" local ones, are rip off artists.