Dave Vang, a finance professor at the University of St. Thomas Opus College of Business, has recently shared his insights in an article from WalletHub focusing on the best business banking accounts. In the article, Vang highlighted the competitive nature of banks in terms of their offerings and emphasized the importance of considering community banks for smaller firms that are not mid-cap or large cap.
When asked about the biggest mistakes people make when looking for a business bank account, Vang pointed out that not checking online customer reviews is a major oversight. He stressed that customer reviews can provide valuable information about fees and customer service quality, helping potential account holders make more informed decisions. By checking reviews online, business owners can avoid potential issues and ensure a better banking experience.
