I also have checking accounts in two banks. The smaller local (family owned) bank is paying much better interest than the larger bank that was part of one of the big mergers and now has branches coast-to-coast. So they have bigger expenses and need my money to make more money pay their bills.
I am slowly shifting funds from larger to smaller such that the smaller bank is my biggest deposit. The larger bank is not my friend; I expect the smaller bank to be a better survivor.
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Better is the Enemy of Good Enough.
Okay, what’s your point??