Texas Series LLC - Bank Account Recommendation?

[Andrew W.]

Hi Texas investors! 

Can anyone recommend a bank in Texas that will allow me to setup separate checking accounts for each Series of my LLC? 

• I've setup an LLC with a separate series for each of my rental properties (2 so far)
• I would like to set up a separate checking account for each series of the LLC.
• Chase Bank told me that they do setup accounts at the series level. 
• If posting a recommended bank, can you also please include what their balance minimums and/or monthly fees are? 
• I'm based in Austin and currently have properties in Houston and Killeen. 

[Sammy G.]

@Andrew W. I have a similar setup - One series LLC to One bank account. To managed it a bit easier (when you grow to more than a dozen), it'll be better to have one online login and manage all 'child' accounts. Bank of America does this - not sure about the minimums, but if you have a good relationship with your local branch, they can waive the monthly fees until your balance grows from rental income.