Ways to Bank Money Peekskill NY

Most banks offer everything from financial investments, to certificates of deposit (CDs) and home mortgages. Banks tend to have higher fees and pay lower rates on their savings. Most banks also have minimum balance requirements on their accounts.

Local Companies

First Fed Savings & Loan Assn of Peekskill
(914) 737-2777
1019 Park St
Peekskill, NY
Trustco Bank
(914) 739-1839
20 Welcher Ave
Peekskill, NY
Wachovia
(914) 737-3100
920 South St
Peekskill, NY
Sound Federal Savings
(914) 737-2777
1019 Park St
Peekskill, NY
Bank of New York the
(914) 737-2360
1025 Brown St
Peekskill, NY
Bank of New York the
(914) 737-2360
1025 Brown St
Peekskill, NY
Bank of New York the
(914) 737-2360
1025 Brown St
Peekskill, NY
Queens County Saving Bank
(718) 981-5883
75 Richmond Ter
Staten Island, NY
North Fork Bank
(516) 481-4300
255 Hempstead Ave
West Hempstead, NY
North Fork Bank
(718) 209-7001
2102 Ralph Ave
Brooklyn, NY

Provided by:

This article is part of our 52 week journey through Bill’s latest book, “The Graduate’s Guide to Life and Money.” Each week, a full excerpt from his book will be presented from beginning to end. To get your copy of his book, visit www.TheGraduatesGuide.com.



This week we will discuss banks vs. credit unions.


Remember when you were just a kid and your piggy bank got full? Your parents told you it was time to open up a savings account. That way you could empty your piggy bank and start all over again. Years ago, banks gave out little booklets where they stamped your deposits and interest earned (called passbook savings accounts). In the years since, the banking industry has really matured. We now have more choices available to us than anyone could have imagined. Generally, you can do most of your “banking” at a bank, a savings & loans, or a credit union. A savings & loan is similar to a bank, but with fewer services. In general, I prefer credit unions. They tend to have lower fees, and they pay better rates on their savings accounts. Credit unions are also easier to deal with than banks.



Most banks offer everything from financial investments, to certificates of deposit (CDs) and home mortgages. Banks tend to have higher fees and pay lower rates on their savings. Most banks also have minimum balance requirements on their accounts. If your account drops below the minimum amount, you will be charged a fee. You may be

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Featured Local Company

Federal Reserve Bank of New York

(212) 720-8258
33 Liberty St.
New York, NY

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