Best Finanical Institutions In Georgia
Are you looking forward to open a new savings account in Georgia or are you confused about which bank to choose for your home loan? Below is a list of the best banks in Georgia to help you narrow down your choices of banks and also tell you which bank is better for which particular financial segment.
Georgia has 225 consumer banks catering to different financial needs of the society. Some of these banks are good when it comes to loan interest rates, while others are good in terms of accessibility and facilities. Read on to find which bank will suit your needs.
SunTrust
If you like to be well connected with your bank, SunTrust bank is the institution to choose. This bank has close to 245 branches in Georgia, which makes it the most widespread bank in the state. SunTrust Bank is known to charge one of the lowest monthly fees in Georgia. The SunTrust Essential Checking account charges a nominal $7 as monthly fees. Further, this fee can be completely avoided by meeting some easy requirements.
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Bank of The Ozarks
Bank of Ozarks is the top bank in Georgia that offers no-fee and no-minimum checking options. It is a regional bank that operates in the southern state of Georgia, with almost 71 branches in Georgia’s major cities and towns. Bank of Ozarks charges an opening fee of about $100 for its free checking account. The bank needs customers to follow a few rules in order to enjoy the no-fee policy, like direct deposit and a minimum balance requirement. This bank is perfect for you if your account balance fluctuates a lot.
Bank of America
If you need a high spending limit, Bank of America is the bank for you. This bank gives its customers a high spending limit while charging fairly low fees. Bank of America does not clearly advertise the spending limits on its debit and credit cards, but its customers know that it is much higher than those offered by well-known banks like Chase and Wells Fargo. If you have a Bank of America Core Checking account, you can withdraw up to $1000 from ATMs and the debit card spending limit per day can be as high as $5000.
PNC
PNC bank is by far the best bank for Georgia students. This bank offers many virtual wallet accounts for students. These wallets provide them with an easy way to manage their finances on a daily basis. It has an option of one checking account and two savings accounts for students, which are perfect to help them learn money management. PNC bank lets students access their accounts online and supports them with tools such as expense calendar and an expense tracking and alert system that directly informs their parents when the balance goes lower.
Georgia has a number of options when it comes to banks and financial institutions. Whether it is a savings account, mortgage, or an e-wallet service, you can choose one based on your requirements.
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