I'm a Banking Expert: 5 Things To Know About Savings Account Withdrawal Limits [Yahoo! Finance]
STHN BANC CO INC (SRNN)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
And while many Americans do have a savings account, or at least a checking account, an estimated 5.9 million households don't have a bank account at all, according to the FDIC. Read Next: How Much Does the Average Middle-Class Person Have in Savings? Find Out: 4 Genius Things All Wealthy People Do With Their Money If you do have a savings account, or if you're thinking about finally opening one up, you'll want to choose a bank that meets all your needs. Along with this, it's important to understand the limits and restrictions of these accounts. Whether you go with a brick-and-mortar bank or credit union or a digital bank , your savings account might have withdrawal limits. Before you choose one to stash your hard-earned money, here are some things you should know about these limits — according to banking professionals Dan Kroytor and Gates Little. Sponsored: Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief. Banks Limit the Number
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