Have you always been looking for the perfect bank out there for your family needs? Well, you are not alone because it seems everyone else is too. Most of the people have their own yardstick of measuring the good qualities of banks as large commercial financial institutions or small local versions. So what really are the positive and negative aspects of it?
Pros of big banks
You have a wide array of choices to choose from. You can go in between checking different saving accounts. In this way you have better and easier access to accounts which also includes online options.
Cons of big banks
There are more people to deal with and very minimal prospect of developing a relationship with the bank. There is more exposure and ‘pushing’ from the employees and many instances when you would feel that you are liable to unnecessary payouts in the name of fee.