Ask HN: what US bank do you usually use for your startup?

by rush-tea on 5/22/2013, 10:55 PM with 4 comments

Just curious, when you start your startup, what US bank do you use? which one is more friendly, provide better service and competitive fees for small startup?

Thanks.

  • by damoncali on 5/23/2013, 12:48 AM

    Use a regional bank. Most have no fees for business checking accounts. I use Frost Bank - http://frostbank.com . They have iPhone deposits, decent online banking and I haven't paid them a dime in 8 years.

  • by rush-tea on 5/25/2013, 3:46 AM

    I asked the bank rep about if they open up their backend API for payout processing. Most came back to me with '??'. lol. what exactly should I ask them?

    Do banks have their API open for us to do payout?

    oh yeah, from my investigation, I found that wells fargo has the best fee, 0 fee if i have checking and savings acc and do monthly transfer between them.

  • by on 5/23/2013, 1:49 AM

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  • by callmeed on 5/23/2013, 2:37 AM

    I like Chase. Their online/mobile tools are great.

  • by dynabros on 5/23/2013, 1:20 AM

    citi is decent. their backend looks like it was developed in the 70's, but it works