{"id":5091,"date":"2023-11-30T16:31:47","date_gmt":"2023-11-30T16:31:47","guid":{"rendered":"https:\/\/thewealthcircle.com\/?p=5091"},"modified":"2023-12-01T19:05:19","modified_gmt":"2023-12-01T19:05:19","slug":"best-banks-washington-state","status":"publish","type":"post","link":"https:\/\/kiiky.com\/wealth\/best-banks-washington-state\/","title":{"rendered":"Best Banks In Washington State | Rates, Account Types, Minimum Deposit","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

Banking experience can be an enjoyable journey for you as a resident of Washington; you have to settle down and find out the best banks in Washington state that have what it takes to offer such values.<\/p>\n\n\n\n

Many factors that differentiate one Washington state bank from another are subtle. Still, they can significantly impact your finances and the convenience you enjoy as a customer.<\/p>\n\n\n\n

If you are interested in finding the best banks in Washington state that will give you the first-class treat at the most minimum price, then read on this writing and be equipped with the necessary information you need.<\/p>\n\n\n\n

How Good Are Banks In Washington?<\/strong><\/span><\/h2>\n\n\n\n

Washington residents have access to a wide variety of banks, large and small. Big banks have the most significant number of branches, while more regional banks can offer more account options and community.<\/p>\n\n\n\n

Saving money can be difficult as the banking industry often offers second-rate APYs that offer little long-term growth.<\/p>\n\n\n\n

The best banks<\/a><\/strong> are often those institutions with a local history and community-driven decision-making process, as well as stability and a credible reputation in the region.<\/p>\n\n\n\n

These most respected banks in Washington provide the tools, products, and services that enable bank customers to take control of their finances now and plan appropriately for the future.<\/p>\n\n\n\n

The criteria used to compile the list of top Washington banks include not only their locally-focused services and solutions but also the cost of doing business, the specifics of the products they offer, and whether or not they have surpassed or not over many years in meeting the financial needs of the communities in which they are located.<\/p>\n\n\n\n

Best Banks In Washington state<\/strong><\/span><\/h2>\n\n\n\n

All of the Washington banks featured on this list of the best banks in Washington carries these characteristics.<\/p>\n\n\n\n

#1. Ally Bank: The Top Savings Account<\/strong><\/span><\/h3>\n\n\n\n

Ally’s Interest Checking Account attempts to combine savings rates with readily available check deposits and cash withdrawals.<\/p>\n\n\n\n

While it may not match the APY of 0.50% of the online savings account<\/a><\/strong>, checking account holders will receive an APY of 0.10% if their minimum daily balance is below $15,000 or an APY of 0.25% if they exceed the $15,000 mark.<\/p>\n\n\n\n

Like its saving counterpart, the Interest Checking Account has no monthly or minimum fees. When accessing ATMs, Ally customers can visit any of the 55,000 toll-free ATMs on the Allpoint ATM network in the US and around the world.<\/p>\n\n\n\n

If you can’t get to an Allpoint computer, Ally will reimburse up to $ 10 in off-network ATM fees per statement cycle.<\/p>\n\n\n\n

Finding a toll-free ATM shouldn’t be too tricky, as Ally’s Apple and Android apps have an ATM. Other benefits customers can take advantage of include online bank statements and transaction histories, mobile check deposits, s, and a peer-to-peer money transfer program called Zelle\u00ae.<\/p>\n\n\n\n

Account Type<\/strong>: Online savings account
Rate<\/strong>: 0.60% APY
Minimum deposit<\/strong>: $ 0<\/p>\n\n\n\n

#2. Chase Bank<\/strong><\/span><\/h3>\n\n\n\n

Chase Bank gives Washington residents access to a whopping 202 branches across the state. This is the best of any bank in Washington. <\/p>\n\n\n\n

You can also find Chase branches in 25 other states, which makes traveling very convenient. You also have online and mobile access to your accounts wherever you are.<\/p>\n\n\n\n

You can open different accounts with Chase. You can check out some savings accounts, certificates of deposit (CDs), and other checking accounts.<\/p>\n\n\n\n

Pay attention to each account’s monthly fees, ATM fees, and more. Chase doesn’t have the best interest rates, with most accounts earning at the lowest possible interest rates.<\/p>\n\n\n\n

Account Type<\/strong>: saving account
Rate<\/strong>: 0.01% APY
Minimum deposit<\/strong>: $25<\/p>\n\n\n\n

CIT Bank Savings Builder Account<\/strong><\/span><\/h3>\n\n\n\n

The CIT Savings Builder account is an excellent choice if your main goal is to save money. Those who manage to deposit at least $100 per month or maintain a balance of $25,000 will receive a substantial APY of 0.45%.<\/p>\n\n\n\n

Should you miss these two requirements? CIT will lower your rate to a lower 0.29% if you miss these two requirements. The Savings Builder account only requires an initial deposit of $100, making it an extremely accessible choice for just about anyone.<\/p>\n\n\n\n

CIT is a savings bank that is managed from its savings bank account. However, the bank also offers many other savings options, including:<\/p>\n\n\n\n