Reputable banks for REI in Charlotte, NC

Reputable banks for REI in Charlotte, NC

Rental Property Investor · Charlotte, NC · Member since 2018 · 41 posts · 25 votes

Hi all, 

I'm needing to set up my business bank account, but wanted some feedback from anyone in the local Charlotte. We've already purchased a home to be renovated through our LLC and need advice on which local bank to work with. My husband and I are long time Wells Fargo clients, but I'd rather do business with a credit union or local banks. Who do you all suggest?

Thanks in advance!

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  • Rental Property Investor · MN · Member since 2017 · 864 posts · 555 votes
    7y

    Hey @Daisy Ferreiras! Im not from the area but I can make a good suggestion!

    I'd go to at least 5 local community banks and credit unions and sit down with them to discuss your goals and vision and also ask what they can offer you.

    Just pick the one that vibes the best with you guys! 

  • Chris T.Pro Member
    Rental Property Investor · Charlotte, NC · Member since 2013 · 491 posts · 253 votes
    7y

    @Daisy Ferreiras - I agree that credit unions are a great first place to look.  Charlotte Metro and Truliant are both great to work with from my experience but there are lots of other choices as well.

  • Rental Property Investor · Charlotte, NC · Member since 2018 · 41 posts · 25 votes
    7y

    Thanks! I actually looked at both Charlotte Metro and Truliant. First Citizens Banks seems like a good option..until you start making money. Just trying to avoid the whole monthly maintenance fee and minimum balance thing. 

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