3 Types of Banks for Your Personal Needs | E1 Banking from Open Jam with Krista Edwards

3 Types of Banks for Your Personal Needs | E1 Banking

15 minutes Posted Feb 23, 2022 at 11:00 am.

] What is a bank?

] Different kinds of banks traditional, online, credit union: What is a Bank (Investopedia)

] Intro to Credit Unions  Credit Unions (Investopedia)

] Krista and Justin’s current banks and why they chose them

] What to expect from this tour

] Who should listen to this tour

] Banks are for-profit institutions

0:00

15:58

Download MP3

Share at current time

Show notes

What are the different kinds of banks I could use? What might be the right bank for me? How do banks even make money? These are all questions that we will be exploring in today’s episode and our upcoming Personal Banking tour.

In today’s episode, we discuss foundational concepts including the 3 major types of banks you might want to consider, how we choose our banks (I’m guessing not too different from you), and what you can expect from the rest of this tour – do you want to avoid fees?

We are excited to introduce you to Ready to Roth and help you feel more confident about your banking decisions.

Show Notes:

[

[3:25] Different kinds of banks - traditional, online, credit union: What is a Bank (Investopedia)

[4:24] Intro to Credit Unions Credit Unions (Investopedia)

[

Mentions:

How do banks make money? Check out: Analyzing a bank's financial statements