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Also, the advantage of a credit union account is that when you need specialized service, as for an unusual loan or help with a problem, you can go talk to a real person who's authorized to help you.
Hmmm, I'm beginning to think that I'm in an unusually unfriendly CU... (grin)

My advice: Chase good interest rates on your savings accounts, but don't bother on your checking. You shouldn't be keeping huge amounts of money in a checking account anyway if you care about return on your money, and the dollar or two a month you're giving up on your small checking balance will be worth the accountability.

The strategy I've pursued is to keep my liquid cash savings balance in a Schwab account tied to a money market fund, and less-liquid savings in an ING account earning 3% APY. For checking, I use Bank of America, which doesn't pay interest but doesn't incur fees either, at least not where I am.

From your reply I just realized that I left out another rather important factor. I want free bill pay! (grin)
I am working on paying off my CC and student loan debt and being able to schedule payments to vanish as soon as my paycheck is deposited every two weeks is helping a lot as I can pay twice a month and save a teency bit on interest.

Did I mention that my CU has pricey bill pay that didn't work correctly when I tried it and didn't even allow for biweekly payments?

Ed (who REALLY needs to provide more details when asking questions)

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