Why Bank?

How can a checking or savings account help you?

It saves you money
Using check cashers may seem more convenient than having a checking account at a bank, but these services cost much more. Check cashing stores charge up to 5% of your check…just to cash it. If you are cashing a $250 check, it would cost your $12.50. Cashing two checks a month with a check cashing company would cost you 5 times more in fees than having a checking account at a bank or credit union. If you purchase money orders often, the costs for those add up as well.

It’s safe
Without an account at a bank or credit union to keep your money safe, you and your family could easily lose your money to theft, or fire. Money deposited into a bank or credit union is protected by the Federal government – insured by the Federal Deposit Insurance Corporation. In fact, up to $250,000 of your money is protected.

It’s convenient
With a checking or savings account, you can deposit your checks and access your money for little or no cost. You can save money by paying bills with checks, on the internet, or by direct debit – much less than the cost of purchasing multiple money orders. You can use your debit card to make purchases at stores or to withdraw money from ATMs across the city. You can also keep track of your spending and your purchases either online, by phone, at the ATM, or at the bank or credit union teller.

It helps you save for the future

Do you want to own a home one day? What about start your business or go back to school? Having a checking or savings account makes it much easier to save your money and reach your financial goals.

There are a number of banks and credit unions ready to help. Take the next step…get banked >>