Savings and Checking Account Comparison

1. Savings and Checking Account Comparison Banks in Michigan

2. Bank of America Savings Account Checking Account Minimum amount of $1500 (can get waived if under 23) $12 monthly maintenance fee unless have $1500 in account No interest rate • Interest rate of 0.01% • Minimum amount of $300 • Pay a $5 fine if amount is less than $300 • Minimum$25 required to open account

3. Dearborn Federal Credit Union Savings Account Checking Account No minimum balance fee No monthly maintenance fee Unlimited checks Access 24/7 Dividend rate and annual percentage yield is between 0.05% and 0.1% • Minimum of $5 to open account • Annual percentage yield and dividend rate is 0.05%

4. PNC Bank Savings Account Checking Account Minimum $500 monthly balance Minimum of $25 to open account Maintenance fee of $7 unless $500 per month • Need $25 to open • Minimum balance of $400 • $4 monthly fee if balance goes below $400 • 3 withdraws per month and a $3 fee for each withdraw after

5. Rate the Banks Savings Account Checking Account 1– Dearborn Federal Credit Union 2 – PNC Bank 3 – Bank of America 1– Dearborn Federal Credit Union 2 – Bank of America 3– PNC Bank