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Updated over 4 years ago on . Most recent reply

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28
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13
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Tim Kappel
  • Rental Property Investor
  • St Louis, MO
13
Votes |
28
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Bank Accounts For Properties

Tim Kappel
  • Rental Property Investor
  • St Louis, MO
Posted

What bank does everyone use for their properties? I am in the middle of changing personal banks and I'd like to be with a bank that allows to open up a new savings account for each property and hopefully earn a little bit on money in interest as well. It would be nice to see everything on one page and move money back and forth.  

Most Popular Reply

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29
Posts
18
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Dee Dee Huey
  • Accountant
  • Mobile Al
18
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29
Posts
Dee Dee Huey
  • Accountant
  • Mobile Al
Replied

I am not sure where you are located but here in S. Alabama most of the credit unions automatically open a savings account with every checking account you open. And most only require like $5-$10 to open each account. If you are thinking of implementing Profit First in your business, I'd be glad to share with you a list of Profit First friendly banks all over the U.S. Good Luck!

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