Banking was conceived in iniquity and born in sin.
December 18, 2010 12:35 PM Subscribe
Looking for a new local NYC bank for the necessary in-person transactions. Any suggestions?
Earlier this year I was looking to change primary banks. I took your advice and went with USAA, who I love. Amazing doesn't begin to cover it. I kept Chase as my local bank because they're everywhere here (NYC) and I wanted to have a bank for deposits and other immediate needs where USAA isn't perfect.
Just got notification that Chase is going to raise the minimum monthly direct deposit to avoid the monthly fee to $500 and I don't want to commit that much. I have my budget well set for bills that come out of my main account and don't want to have to manuver all of that to allocate $500/month to Chase especially since two $250 deposits don't avoid the fee. So now I'm looking for a new #2 bank.
I know B of A isn't generally well-regarded. Is TD Bank still considered OK? What other local banks or banks with local branches do you recommend? I think the only local credit union I"m eligible for is NYU but I don't know how convenient they are as I'm rarely below Midtown. Only one I"m ruling out is HSBC - lots of bad experience there. If it matters, excellent credit.
Thanks in advance, oh wise ones.
Earlier this year I was looking to change primary banks. I took your advice and went with USAA, who I love. Amazing doesn't begin to cover it. I kept Chase as my local bank because they're everywhere here (NYC) and I wanted to have a bank for deposits and other immediate needs where USAA isn't perfect.
Just got notification that Chase is going to raise the minimum monthly direct deposit to avoid the monthly fee to $500 and I don't want to commit that much. I have my budget well set for bills that come out of my main account and don't want to have to manuver all of that to allocate $500/month to Chase especially since two $250 deposits don't avoid the fee. So now I'm looking for a new #2 bank.
I know B of A isn't generally well-regarded. Is TD Bank still considered OK? What other local banks or banks with local branches do you recommend? I think the only local credit union I"m eligible for is NYU but I don't know how convenient they are as I'm rarely below Midtown. Only one I"m ruling out is HSBC - lots of bad experience there. If it matters, excellent credit.
Thanks in advance, oh wise ones.
I switched away from TD because their fees were killing me. I'm with PNC now and they're fabulous. It looks like they don't have a lot of branches in NYC though.
posted by amethysts at 1:00 PM on December 18, 2010
posted by amethysts at 1:00 PM on December 18, 2010
Wachovia (now part of Wells Fargo, but they seem to be keeping the brand) has a decent number of locations in Manhattan, and I've always been really happy with their customer service.
If I were picking a new one now, I would pick on the basis of being *very convenient to work* and *very convenient to home.* It's such a pain to have to get on the subway to go to my bank. (/no Wachovia above 86th Street.)
posted by rustcellar at 1:16 PM on December 18, 2010
If I were picking a new one now, I would pick on the basis of being *very convenient to work* and *very convenient to home.* It's such a pain to have to get on the subway to go to my bank. (/no Wachovia above 86th Street.)
posted by rustcellar at 1:16 PM on December 18, 2010
I know you mentioned uptown but I just came back from the new citibank at union square and they are now open (in-person) 7 days a week. I thought that was pretty amazing/convenient.
posted by bquarters at 1:28 PM on December 18, 2010
posted by bquarters at 1:28 PM on December 18, 2010
I love TD Bank and have never had any problems with them. I get refunded for any charges caused by using a different bank's ATM, which is especially awesome.
posted by elizardbits at 1:31 PM on December 18, 2010
posted by elizardbits at 1:31 PM on December 18, 2010
Response by poster: Rustcellar - yep that's an issue I'm thinking of. Was spoiled with Chase in my office building and on the corner of my apt.
TD Bank is very local to my apt. Not sure where there's one in midtown but I'd look into that. Good to know they're still considered good. I'll look into any fees that might apply for certain. USAA does the same with the ATM fees and I love it
Bquarters - there's a citibank near my office and (I think) one near my apartment so they're definitely in consideration.
Thanks all!
posted by TravellingCari at 1:46 PM on December 18, 2010
TD Bank is very local to my apt. Not sure where there's one in midtown but I'd look into that. Good to know they're still considered good. I'll look into any fees that might apply for certain. USAA does the same with the ATM fees and I love it
Bquarters - there's a citibank near my office and (I think) one near my apartment so they're definitely in consideration.
Thanks all!
posted by TravellingCari at 1:46 PM on December 18, 2010
In NYC.
I moved from Citi to TDBank because I wanted a simple, no-fee checking account, and a local bank branch. Citi had the latter, but not the former.
I'm happy enough with TD. I don't keep a lot of $ with them, so I can't speak to proper service. But their fees are low, there are enough branches around, they refund ATM fees from other places, and most importantly, they're open 7 days a week, with real hours (Citi closed at 1pm on Saturday, and that was useless to me).
posted by swngnmonk at 3:49 PM on December 18, 2010
I moved from Citi to TDBank because I wanted a simple, no-fee checking account, and a local bank branch. Citi had the latter, but not the former.
I'm happy enough with TD. I don't keep a lot of $ with them, so I can't speak to proper service. But their fees are low, there are enough branches around, they refund ATM fees from other places, and most importantly, they're open 7 days a week, with real hours (Citi closed at 1pm on Saturday, and that was useless to me).
posted by swngnmonk at 3:49 PM on December 18, 2010
Response by poster: I ended up going with TD Bank. Easy peasy and a great free account. Ended up ruling out Citi due to a simple no-fee account no longer existing.
Thanks all.
posted by TravellingCari at 4:45 PM on December 22, 2010
Thanks all.
posted by TravellingCari at 4:45 PM on December 22, 2010
This thread is closed to new comments.
posted by dfriedman at 12:44 PM on December 18, 2010