There has been a lot of down and up within the banking world ever since the recession hit in late 2008. Many Ohio banks failed, new banking regulations were put in place and small, local banks in Zanesville proved they were just as viable an option, if not better, compared to the big national banks.
All of this uncertainty and change leaves many consumers questioning which bank they should trust with regards to their money. Use this guide to read more about what to look for, what to expect, and ways to make the most of your banking experience.
Bank Services in Zanesville
If you're considering which bank should get your business, the services they offer should be a key concern. Bank services go well beyond generating a checking account. Today, banks in Zanesville can be a one-stop shop that offers:
- Credit counseling
- Budgeting help
- Debit cards
- Credit cards
- Direct depositing
As you can see Zanesville banks provide a wide array of services to meet all your financial needs. Some even have educational materials and programs to help kids understand more about money and family finances. However, the most important bank service is customer service. You need to be able to get a hold of a real person 7 days a week, 24 hours a day. Employees at your local bank should be familiar with your accounts and responsive to your requests.
Your finances are an essential part of your life and well-being. Everyone at the bank should recognize that and care about your financial success just as much as you do. Take the time to evaluate what services you need. This will help you narrow down the selection of banks and ensure they can provide what you're looking for.
Zanesville Bank Services for Free vs. for a Fee
Many Zanesville banks offer free services for example free checking accounts and checks, free debit cards, free educational materials, etc. However, some services are available for a fee. Generally these are more specialized services that require expertise.
When you evaluate you are banking needs, note which services are important enough that you'd be ready to pay for them if necessary. When you're researching and interviewing banks make sure to ask about fees and fee schedules. Depending on the service it may be worth the cost to pay a fee versus getting a sub-par service or not getting it at all.
What to Look for When Choosing a Bank in Zanesville, OH
As mentioned above banks in Zanesville can fail, and when they do it can be catastrophic for anyone that uses their services. If you are contemplating your bank options there are signs to look for to ensure you're picking a bank that is stable.
Good banks will offer you lots of ways to communicate with them. This consists of online and offline modes of communication. As stated previously they will be quick to respond and handled any issues or concerns professionally.
Look for Zanesville banks with a long history of stability within the banking industry. The longer they've been in business the better, but make sure they haven't ignored the newest trends and technology. A good litmus test is to see how the bank weathered the recent recession when the financial sector was at it's worst.
What do people have to say about the bank? Customer reviews and personal recommendations are powerful tools for finding a good bank in Zanesville. This first-hand experience will give a good idea of what you can expect from using a particular bank.
Look for Zanesville banks that offer you a lot of ways to manage your money. When you've got a busy schedule it's important that the bank have online services so you can access your accounts from anywhere, any time of day.
Make sure the bank is FDIC insured. This protects you from any loss if your bank fails. However there's a cap set at $250,000 per insured bank. If you're worried about loss of deposits and have in excess of $250,000 the safest bet is to open up an account at two separate, insured banks in Zanesville, Ohio.
If you follow these guidelines and do your due diligence to research multiple options you are sure to find a bank in Zanesville that can provide what you need.