Ok so I am thinking about opening a business account and I am looking into a few banks. The things that are important to me are that there be branches in both NC and NY, high yield money market account, and of course a decent checking account. I would probably keep at least a balance of 10k in it. I was looking into state employees but dont do business accounts (although there mm account was attractive). Any thoughts?

8/29/2006 11:16:55 PM

why would you use a money market acct on your business line at the same bank?

Around here, sounds like BoA is about the only option for NY and NC. If you can stay local, BB&T offers a LOT of small business perks for your balance level that the big boys won't go for.

8/29/2006 11:22:55 PM

http://www.hsbcdirect.com/ - 5.05% return, you can get an debit card with an online account and you can access it here and in ny.

8/29/2006 11:23:58 PM

yea I would def go online for the money market.

8/29/2006 11:25:21 PM

http://www.emigrantdirect.com/ - they offer 5.15% apy right now. you can get a no annual fee credit card that gives you 1.4% cash back if your average balance is over $10,000, 0.5% otherwise.

8/29/2006 11:38:25 PM