BY: HALEY GOLD Savings Assignment

Charter One Checking Account (Personal Checking With Interest)  Minimum Balance Required: $50.00  Fees Charged: $11.99 per month  This fee can be waived for people maintaining an average daily balance of $2,500  Interest Earned: 0.01% Savings Account (Green Savings)  Minimum Balance Required: $1.00  Fees Charged: $4.99 per month  This monthly fee can be waived if there is a $ minimum daily balance or an automatic savings plan with at least a $25.00 deposit each month  Interest Earned: 0.01%

Bank of America Checking Account (MyAccess Checking)  Minimum Balance Required: No minimum balance required  Fees Charged: $12.00 per month  This fee can be waived if there is one qualifying direct deposit of $ or more monthly. A second way to waive this fee is by maintaining an average daily balance of $1,500 or more.  Interest Earned: No interest is earned Savings Account (Personal Money Market Savings Account)  Minimum Balance Required: $25.00  Fees Charged: $12.00 per month  This fee can be waived if you can maintain a $2,500 minimum daily balance.  Interest Earned: 0.03% to 0.07%

Comerica Checking Account (Premier Checking)  Minimum Balance Required: $50.00  Fees Charged: $20.00 per month  Interest Earned: 0.01%- 0.05% Savings Account (Money Market Investment Account)  Minimum Balance Required: $50.00  Fees Charged: $12.00 per month  Interest Earned: 0.03% to 0.05%

Ratings 1: Bank of America  I would rate Bank of America as the best bank because it has no minimum balance for a checking account. It’s monthly fees can reasonably be waived, and it offers the most interest for savings accounts. 2: Charter One  I would rate Charter One as the second best bank because it has the lowest monthly fees. The minimum balance required for a savings account is very low and both savings and checking accounts make interest. 3: Comerica  I would rate Comerica as my last place bank. This is because it has the highest minimum balance required for both checking and savings accounts. The monthly fee charged for a checking account is the most expensive. These fees are more difficult to waive.