local banking reccomendations

[danrnsmyth]

one clarification... while deposits are assets of the customers they are on the Liability side of the banks balance sheet, but most localities have a tax on the deposits,in a nutshell.. credit unions if they have a large footprint in your market are hard to compete with on the deposit side

 

[FishingwithRusty]

danrnsmyth - 5/1/2018 6:31 PM

one clarification... while deposits are assets of the customers they are on the Liability side of the banks balance sheet, but most localities have a tax on the deposits,in a nutshell.. credit unions if they have a large footprint in your market are hard to compete with on the deposit side

thanks for the insight!

 

[Rob Lee]

Ever wonder about how many banks there are? One or two on every corner and wide spot in the road. Also, from my observations, none appear to be busy. I believe credit unions are best. I also belong to New South Credit Union in Knoxville. Just thinking out loud.

 

[heath423]

TVFCU for years now. Never had any issues. Some area ATM's are live stream with a teller 7-7 which gives some flexiblity for banking.