Dave Vang, finance professor at the University of St. Thomas Opus College of Business, recently contributed to an article from WalletHub about the best business banking accounts.
From the story:
What advice do you have for people who are looking for a new business bank account?
Most banks are very competitive in terms of offerings. If your firm is not super large (not mid-cap or large cap), then I suggest going with a community bank.
What would you say is the biggest mistake that people shopping for a business bank account tend to make?
The biggest mistake is not going online to check the customer reviews. These reviews can tell a lot about the relative fees and customer service.