1. Credit & Savings By Rosie Arthur

2.  Checking Account $50 to open account No interest No monthly service fee  Savings Account You can waive monthly fee of $3.00 if your checking account or daily balance is $300.1% interest

3.  Checking Account Open for $25 No monthly maintenance fee when you have:  At least one qualifying direct deposit of $250 or more monthly  Maintain an avg. daily balance of $1,500 or more each statement cycle Otherwise $12 monthly maintenance fee $10k-99,999.02% interest  Savings Account.01% annual interest Min. opening deposit of $25 $5 monthly fee unless:  Make combined monthly automatic transfers of $25  $300 min. daily balance

4.  Checking Account $50 min. to open $10 quarterly activity fee $13 monthly maintenance fee unless:  $750 min deposit  Deposit of $240 per cycle  Full time college student to age 26 .01% interest rate  Savings Account $50 min. to open.01% interest rate Monthly maintenance fee of %5.50 unless:  Balance is over $400  Under 18  Over 62 w/ SS  Have a Comerica checking account $5 per withdrawal after 6 per month

5.  Bank of America: 1: because it is the cheapest to open a checking account and offers the opportunity in both accounts to earn the best interest.  Flagstar Bank: 2: because it does not charge high monthly fees and is also cheap to open, but does not offer opportunity for interest.  Comerica: 3: because it is much more expensive to open up and has higher fees.