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Visiting the local branch of a bank is a regular activity for millions of people, but have you ever stopped to think about what a bank actually does?
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There are other financial services that banks provid. Whether you have just inherited money, are starting up a new business, have received a job promotion, have recently had a child or any other major life change, you may want to consider opening one or multiple bank accounts. It's a place to keep your money safe and track how much you spend it. Chances are, you might be able to use your existing bank for most purposes, but access to atms might be difficult. Having a trusted financial service provider is important as it is a safe place to hold and withdraw earned income.
Together, citigroup, wells fargo, bank of america and jp morgan chase make up the top four banks in america with chase bank being the largest.
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A checking account is the most basic personal finance tool.
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