Private or Public Banking for Investing Business?

[Taylor Jennings]

I'm wondering if I should create an account with Chase or a local bank for my business.

I don't know the benefits from one to the other...

All I'm looking to do starting out is to hold the money I generate from REI to the account.

I would however want the bank to auto-deduct rent from my future tenants accounts in the future without paying an arm and a leg.

I'd love to hear how you feel about the two!?

Thanks.