Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   changing banks, need opinions........... (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/changing-banks-need-opinions-340871/)

skippy05 04-26-2023 08:28 AM

Citizens has the best looking buildings and landscaping. You'll enjoy that more than the miniscule interest you might earn on a checking account.

PugMom 04-26-2023 08:30 AM

go Citizen's for small villages purchases, other large ones for savings. i've had bad luck with BOA. Chase is ok if you have an entire day to devote to any offline banking needs.

wmcgowan 04-26-2023 08:36 AM

Quote:

Originally Posted by LuckySevens (Post 2211556)
I am planning to change banks from out of state to The Villages. Does anyone know if there is a comparison chart for the different banks here to see who is best to go with? I need checking with interest, a saving acct, auto bill pay and a debit card. Thanks in advance for any information.

I just opened a CD with CIT at 5% which is pretty good these days
cit.com

jimkerr 04-26-2023 08:59 AM

Never use a bank. Go to a credit Union instead. They are better at everything and none of the ridiculous fees banks charge you.

Suncoast Credit Union is a good one.

jimkerr 04-26-2023 09:01 AM

Quote:

Originally Posted by skippy05 (Post 2211805)
Citizens has the best looking buildings and landscaping. You'll enjoy that more than the miniscule interest you might earn on a checking account.

Good looking buildings and landscaping. Two critical things to consider when choosing where to bank. 😃😃😄

Deden 04-26-2023 09:11 AM

BOA also offer a reward program which makes up for the low interest %, that all the other Banks offer. Call each bank and ask question of what they offer. Good luck.

New Englander 04-26-2023 09:21 AM

For my local bank I've been using Citizens First. They are excellent.

Pugchief 04-26-2023 11:01 AM

Quote:

Originally Posted by Joeint (Post 2211761)
I do all my banking online with Schwab, fee-free ATM usage, and check cashing by taking a picture. Great customer service 24/7. I haven't been to a bank in 20 years.

I had Schwab for years until they reduced the interest on their "high yield checking" to near nothing. Otherwise they have great customer service and you can do almost anything online, but they have branches if you need in-person services. I switched to Fidelity a few years back and they are awesome. With a cash management account, you basically have a bank that pays market interest on your cash balance (near 4.5% right now) and can write checks, use a debit card at the ATM and there is a branch office in Sumter Landing if you need in-person services. I highly recommend Fidelity.

Villages Kahuna 04-26-2023 01:04 PM

For Convenience and Friendliness….
 
Citizens First Bank

They have branches all over the place and all the mail stations in The Villages have Citizens First ATMs.

If you’re seeking the lowest rates to borrow or the highest rates to invest, you can always “shop around”.
Citizens First typically is 1/4 point higher or lower than other banks.

But all the branches serve the best popcorn in The Villages!

LuvNH 04-26-2023 02:16 PM

We kept our northern credit union. We have several pensions that get paid into the credit union and did not want to mess with them. We opened an account with Citizens for convenience. Works for us.

kkingston57 04-26-2023 02:48 PM

Quote:

Originally Posted by LuckySevens (Post 2211556)
I am planning to change banks from out of state to The Villages. Does anyone know if there is a comparison chart for the different banks here to see who is best to go with? I need checking with interest, a saving acct, auto bill pay and a debit card. Thanks in advance for any information.

Do not have a chart. Traditional banks do pay a lot less in interest. Credit unions give better interest rates. Was in AAA office on 4/25 and they did have enticing rates.

Gpsma 04-26-2023 02:55 PM

If you really want higher returns..may I suggest putting your savingswith Michael J Whittaker & Associates.

bikevermont 04-26-2023 03:37 PM

changing banks, need opinion
 
Quote:

Originally Posted by jimkerr (Post 2211821)
Never use a bank. Go to a credit Union instead. They are better at everything and none of the ridiculous fees banks charge you.

Suncoast Credit Union is a good one.

Totally agree. We moved all our northern funds to Mid Fla Credit Union. Much better rates on savings and CD's...free checking, friendly associates, great online banking and many new offers....18 month 5% CD. Two branches here in TV. They also have a system called Shared Branching which makes it very easy to transfer funds from a present bank to theirs. Check it out.

JMintzer 04-26-2023 04:23 PM

Quote:

Originally Posted by mrf0151 (Post 2211785)
Citizens Bank now for 20 years. One reason is great customer service. There are 10 Citizens banks in The Villages. They have their ATMs at ALL the postal stations in TV. You can get cash anytime day or night.
As far as where to keep your put and take cash? You are much better off with a high yield savings account like Synchrony (on line), which presently is paying 4% interest and is not a CD.

ALL the postal stations?

Not at mine...

JMintzer 04-26-2023 04:25 PM

Quote:

Originally Posted by Villages Kahuna (Post 2211898)
Citizens First Bank

They have branches all over the place and all the mail stations in The Villages have Citizens First ATMs.

Not true. Not ALL of them...


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