 Minimum balance: none  Fees: › $12 monthly maintenance fee › Maintenance fee is applicable unless a direct deposit of $250+ is made each cycle or an.

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Presentation transcript:

 Minimum balance: none  Fees: › $12 monthly maintenance fee › Maintenance fee is applicable unless a direct deposit of $250+ is made each cycle or an average of $1500+ each cycle › No quarterly fees › No minimum deposit  No interest

 Minimum balance: $300  Fees: › $25 minimum deposit › $5 monthly fee if not at a minimum balance › 3 free withdrawals › After 3 free withdrawals, $3 per withdrawal  Interest: 0.01%

 Minimum balance: $750  Fees: › $10 monthly for online payment (if not at minimum balance of $750) › $10 quarterly fee › $50 opening fee › Interest: none

 Minimum balance: $400  Fees:  Interest: 0.01% › $5.50 monthly fee (if not at minimum balance of $400) › $3.00 withdrawal fee after 6 withdrawals › $50 opening fee

 Minimum balance: none  Interest: none  Fees: › No monthly maintenance fee › $25 opening deposit › No quarterly fee

 Minimum balance: $100  Interest: 0.05%  Fees: › $4 monthly fee if not at minimum balance of $100 › $25 opening deposit

 #1 – TCF Bank › Lowest fees, highest interest rates  #2 – Bank of America › Lower fees than Comerica Bank › Higher fees than TCF › Lower interest rate than TCF  #3 – Comerica Bank › Highest fees › Same interest rate as Bank of America (lower interest rate than TCF)

 Right now, I keep my money in our safe at home. I put every paycheck I get into the safe and I have access to the safe so I’m able to take money as I need it.  In five years, I’ll be done with the 4 year accelerated nursing program that I am going into at UDM. At this point I will have a savings account. I will then be graduated as a nurse. That will either be the end of my schooling, or I will go further to be a nurse practitioner or a nurse anesthesiologist. I most likely will not have time for a job, therefore I will not be able to save much. I will be using my savings from previous years and cut back from excessive spending on thins I do not really need. When I graduate, I will (hopefully) have a full time job and will continue adding money to my savings account.  In 10 years I hope to be married. At this point I will still be saving money for retirement, emergencies, kids, necessities, etc. I will be paying off student loans.