National banks are still struggling to shed their collective image as fee-heavy, profit-hungry machines. Despite this reputation, however, national brick-and-mortar banks offer numerous products and services that consumers are still happy to use.
Ubiquitous branches and ATMs, interest-bearing accounts and state-of-the-art technology make the larger, commercial bank the right fit for consumers who need their bank to be everywhere – and who need digital banking services or a wide range of insurance and loan options that many smaller, community financial institutions don’t offer.
With so many product and service factors to consider, choosing the right bank with the right blend of amenities to fulfill your needs can be a challenge. Moreover, you want to make sure you’re choosing a bank that offers competitive interest rates.
