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Which bank?

ATLAuto
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ATLAuto Rising Star

ATLAuto

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Curious which banks you guy use and are the best for small businesses? In terms of features and lack of fees. Interestingly enough, this has been a tough one to google, as most "small business bank" articles are focused on the lending-side, not the ongoing operation side.

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ATLAuto Rising Star

ATLAuto

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We have used Regions for several years and were satisfied. However, we are now moving to local bank with four branches because we refinanced and saved $1400 per month. The new bank is also only about 150 yards from our business.

 

Wow. Nice refinancing! What rate were you able to get? I'm looking at Prime + 2% right now.

 

I'll take a look at Suntrust. Good thoughts.

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ATLAuto Rising Star

ATLAuto

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We locked before rates went up. We got 3.75% guaranteed for 5 years and then it resets.

 

Great rate. That's hardly above prime.

 

We ended up going with a local Atlanta-based bank due to the level of customer service they provide that the big box banks don't.

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