It is essential for professional notaries to choose a bank with excellent checking account features that will keep their business running efficiently as well as effectively. Getting a business checking account is usually one of the first steps for a notary entrepreneur. It gives you easy access to your cash as well as many other advantageous features.
With so many options out there (credit unions & banks), where do you start if you are a new notary or if you are a seasoned notary that wants to compare options? Let’s first start with a basic question:
WHAT IS A CHECKING ACCOUNT?
A checking account is a type of bank account that allows you to easily deposit and withdraw money for your daily transactions. Conveniently having access to that money through writing checks, paying with a debit card connected to that account, getting cash out at automated teller machines (ATMs), or transferring money online is essential to notary entrepreneurs. Checking accounts are typically insured by the federal government through the Federal Deposit Insurance Corporation (FDIC). This means if for any reason your financial institution fails, the FDIC will reimburse you for the money in your checking account up to at least $250,000. Because of this, a checking account is one of the safest places you can put your cash, as long as the financial institution you choose is insured by the FDIC.
WHAT DO I CONSIDER WHEN CHOOSING A CHECKING ACCOUNT?
FEES
Financial institutions need to cover their expenses, and one way to do so is to charge fees. Like most financial products, checking accounts charge various fees to access your money. Fee can range from monthly service/maintenance fee, overdraft fee, non-sufficient (NSF) fee, and ATM fee. Don’t assume that all banks and credit union fees are alike (this is a common mistake made by notary entrepreneurs). Compare policies with several financial institutions before making a decision on a business checking account. Some checking accounts work in favor of how notary entrepreneurs conduct business. Doing your research could save you thousands of dollars each year.
MINIMUM BALANCE REQUIREMENTS
Many checking accounts require you to maintain a certain balance in order to avoid fees. This minimum monthly balance can vary widely depending on the bank and the features associated with the account, so make sure to only sign up for a checking account with a minimum monthly balance that you know you can safely maintain.
ATM NETWORK
Most checking accounts come with a debit card that allows you to withdraw cash from ATMs throughout the country. If you often pay with cash, you’ll need to use an ATM and/or visit a branch location to withdraw money. While this is an incredibly convenient way to get money quickly when you need it, there’s a good chance you’ll be charged a fee for withdrawing cash from an ATM that isn’t part of your bank or credit union’s own network of ATMs. Make sure you have a good understanding of the financial institution’s ATM policies on where you can conduct your transaction and what the fees are.
INTEREST RATES AND REWARDS
Checking accounts aren’t built to hold large amounts of money for long term goals so interest rates on these accounts are typically quite low. Checking accounts that do earn interest usually come with higher minimum monthly balances or fees. It may pay off to find out if opening a checking account at certain institutions have rewards like a cashback program that you can take advantage of.
MOBILE APP FEATURES
Choosing the right checking account is about more than just the financial terms. As a notary entrepreneur, you should also consider what mobile app features are offered. If you do a lot of general notary work, oftentimes your customer may want to pay you with a personal check. Having a mobile app that can help you seamlessly deposit checks right at the signer’s location in front of them is a huge advantage as a notary entrepreneur.
Amplify Your Notary & Signing Agent Business
By Daniel C. Lewis & Jocelyn Waters
In this exceptional Ebook, the authors give you the tools to market and thrive in the notary industry. It is masterful writing for anyone considering to go into this field as well as anyone that is a seasoned notary entrepreneur. This amazing Ebook has it all.
Checking accounts are safe, easy to open and easy to use. Checking accounts do have some drawbacks — they earn little to no interest, and fees can be quite high if you’re not careful. They do, however, provide a major convenience in today’s modern world when it comes to paying bills or getting cash. Do your research and open a checking account that will provide you with the best options and make your life easier.
Developing financial literacy is critical for the successful notary entrepreneur.
Thank you ever so for you blog. Really looking forward to read more. Awesome. Siana Sebastien Mordecai
Having read this I believed it was very informative. Brittany Hartley Drain
I am really grateful to the owner of this web page who has shared this fantastic post at at this time. Sada Renaud Ketchum
I got what you mean,saved to my bookmarks, very nice site. Bridget Stu Stefanie
These are actually enormous ideas in on the topic of blogging. You have touched some good things here. Any way keep up wrinting. Donica Tobias Merry
Appreciate you sharing, great article post. Really looking forward to read more. Cool. Iona Winnie Brader
whoah this blog is great i like reading your articles. Stay up the good work! You already know, many individuals are searching around for this info, you could help them greatly. | Clair Nickolai Duleba
I like this post, enjoyed this one thanks for posting . Lorraine Freddy Hall
Have you ever thought about creating an ebook or guest authoring on other blogs? I have a blog based upon on the same ideas you discuss and would love to have you share some stories/information. I know my subscribers would value your work. If you are even remotely interested, feel free to shoot me an e-mail.| Latashia Leighton Marder
Im no expert, but I suppose you just crafted an excellent point. You clearly comprehend what youre talking about, and I can really get behind that. Thanks for being so upfront and so truthful. Rozanne Carlyle Ruskin
A big thank you for your blog article. Thanks Again. Great. Kristyn Eberto Shere Karlotte Ruddie Wiltsey
As I website owner I think the subject material here is real amazing, appreciate it for your efforts. Aggy Waring Riane
This is one awesome article post. Really looking forward to read more. Really Great. Esther Emmy Clancy
After looking into a handful of the blog articles on your web site, I truly like your way of blogging. I added it to my bookmark site list and will be checking back soon. Please visit my website too and let me know how you feel. Becky Shadow Firman
I all the time emailed this website post page to all my contacts, because if like to read it after that my contacts will too. Cynthea Matthaeus Jilli Connie Adelbert Dahl
Having read this I believed it was very enlightening. I appreciate you taking the time and energy to put this short article together. I once again find myself spending a lot of time both reading and leaving comments. But so what, it was still worth it! Wilona Virgil Johny
I am in fact grateful to the owner of this website who has shared this great article at at this time. Terese Normie Dearden
Way cool! Some very valid points! I appreciate you writing this article and the rest of the site is very good. Sherye Brennen Bromley
Hey there. I discovered your site via Google even as looking for a related matter, your web site got here up. It seems to be great. I have bookmarked it in my google bookmarks to come back then. Belle Wallache Templa
Wow! After all I got a webpage from where I be able to in fact obtain valuable facts regarding my study and knowledge.| Zara Hermie Shiller
Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your site? My website is in the exact same niche as yours and my users would certainly benefit from a lot of the information you present here. Please let me know if this ok with you. Thanks!| Costanza Gavin Zolly
Please feel free
Pretty! This was an extremely wonderful post. Thanks for providing this info. Pauli Bailie Castara
I was suggested this web site by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my trouble. You are amazing! Thanks! Krista Field Valli
I want to to thank you for this very good read!! I certainly loved every bit of it. I have got you saved as a favorite to look at new stuff you post? Corey Lowe Margaux
Many hugs and prayers for you all! He will definitely be missed! Love you guys! Joelle Griff Fenelia
Keep on writing, great job!
Hi there! This post couldn’t be written much better!
Reading through this article reminds me of my previous roommate!
He continually kept preaching about this. I most certainly will send this article to him.
Fairly certain he’ll have a good read. Thanks for sharing!
Wow, this paragraph is nice, my sister is analyzing these
kinds of things, so I am going to convey her.
Hello there! This post couldn’t be written any better!
Reading this post reminds me of my previous room mate! He always kept talking about this.
I will forward this post to him. Pretty sure he will have a
good read. Thank you for sharing!
Thanks for every other fantastic post. Where else may anybody get
that type of info in such a perfect method of writing?
I have a presentation subsequent week, and I’m at the search for such information.
Just want to say your article is as astonishing. The clearness
in your post is just spectacular and i can assume you’re an expert on this subject.
Well with your permission allow me to grab your RSS feed to keep
updated with forthcoming post. Thanks a million and
please carry on the enjoyable work.
May I just say what a relief to discover someone that actually understands what they are discussing over the internet.
You actually realize how to bring a problem to light and make it important.
More people must read this and understand this side of the story.
I can’t believe you are not more popular since you definitely possess the gift.
Hurrah, that’s what I was looking for, what a data!
existing here at this weblog, thanks admin of this site.
This paragraph will help the internet viewers for creating new
website or even a weblog from start to end.
You really make it seem so easy with your presentation but
I find this matter to be really something which I think I would never understand.
It seems too complicated and extremely broad for me.
I’m looking forward for your next post, I’ll try to get the hang of it!
Please let me know if you’re looking for a article writer for
your site. You have some really great articles and I feel I would be a good asset.
If you ever want to take some of the load off, I’d
absolutely love to write some articles for your blog in exchange for a link back to mine.
Please send me an email if interested. Cheers!
Hi there, I desire to subscribe for this web site to get most recent updates, thus where can i do it please assist.
I’m gone to say to my little brother, that he should also go to see this weblog on regular
basis to take updated from hottest gossip.
Wonderful article! That is the kind of information that
should be shared across the internet. Disgrace on the search engines for now not positioning this put up higher!
Come on over and consult with my web site . Thanks =)
Hey there, You’ve done a fantastic job. I will certainly digg it and
personally suggest to my friends. I am sure they will be benefited from this website.
Thanks for finally talking about > Tips for Notaries in Choosing the
Best Checking Account – Lewis Training Online < Loved it!
I think this is among the most vital info for me.
And I am glad reading your article. But want to remark on few general things, The website style is ideal, the articles is really nice : D.
Good job, cheers
What’s up, it’s a pleasant piece of writing concerning media print, we all understand media is a great source of facts.
Good day! I could have sworn I’ve been to
this site before but after reading through some of the posts I realized it’s new to
me. Anyways, I’m definitely delighted I found it and I’ll be bookmarking and checking back frequently!
I constantly spent my half an hour reading this website’s articles all the
time along with a mug of coffee.
Thanks for finally talking about > Tips for Notaries in Choosing the Best Checking Account
– Lewis Training Online < Loved it!
Very nice post. I just stumbled upon your blog and wanted to say that I’ve really enjoyed browsing your blog
posts. After all I will be subscribing to your rss feed and I hope you write again soon!
Hello, I enjoy reading through your post. I like to
write a little comment to support you.
This design is incredible! You certainly know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog
(well, almost…HaHa!) Excellent job. I really loved what you had to say, and more than that, how you presented it. Too cool!
Way cool! Some very valid points! I appreciate you penning this write-up plus the rest of the site
is extremely good.
Hey there! This is my 1st comment here so I just wanted to give a quick shout out and tell you
I truly enjoy reading through your blog posts.
Thank you so much!
Excellent post! We will be linking to this particularly great content on our website. Keep up the good writing.
Hi there everyone, it’s my first visit to this site, and paragraph
is truly fruitful for me, keep up posting such articles or reviews.
I’m very happy to find this site. I want to thank you for your time just for this fantastic read!! I definitely liked every part of it and i
also have you saved it as a favorite to check out new information on your website.
What’s up, I read your new stuff like every week. Your story-telling style is witty, keep
up the good work!
Fantastic goods from you, man. I’ve understood your stuff previously too and you are just extremely fantastic.
I actually like what you’ve acquired here, really like what you’re stating and the way in which you say it. You make it enjoyable and you still take care of it to keep it sensible.
I can not wait to read far more from you. This is actually
a wonderful site.
What’s Happening I’m new to this, I stumbled upon this I have found It absolutely helpful and it has helped me out loads. I hope to give a contribution and assist other customers as it helped me.
Great job.
Remarkable! It’s a truly awesome article, I have got much clear idea about it from this post.
Very good post. I’m facing some of these issues as well..
Hi, i read your blog occasionally and i own a similar one and i was just curious if
you get a lot of spam feedback? If so how do you stop it,
any plugin or anything you can advise? I get so much lately it’s
driving me insane so any help is very much appreciated.
I do receive spam feedback and currently looking at ways I can use it to my advantage. When I discover one I will let you know.
I do not even know how I ended up here, but I thought this post was good. I don’t know who you are but certainly, you are going
to a famous blogger if you are not already 😉 Cheers!
Excellent post. I used to be checking continuously this blog and I’m impressed!
Very helpful info specially the closing part 🙂 I
handle such info a lot. I used to be seeking this certain information for a long time.
Thanks and best of luck.
Excellent article. I will be facing some of these issues as well..
I constantly spent my half an hour reading this
website’s posts all the time along with a mug of coffee.
I was recommended this blog by means of my cousin. I’m no
longer certain whether or not this submit is written by means of him as nobody
else know such distinctive approximately my problem.
You’re wonderful! Thank you!
If you desire to grow your knowledge only keep visiting this web site and be updated with the most up-to-date news posted here.