A great deal of bank customers turn out to be very loyal to their bank and use their services for everything from getting a mortgage, obtaining a credit card or holding multiple deposit accounts.  However, this may be of little benefit.  Some accounts at one bank may be priced much more competitively and have higher interest rates than other accounts or services.  Just because a bank has the highest one year CD rate doesn’t mean it offers a competitive money market account or a low fee checking account.  Using more than one bank is frequently more advantageous than keeping all of your funds under one banks roof.

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