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Opened my USbank Business Checking Today

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Creditaddict
Legendary Contributor

Opened my USbank Business Checking Today

Moving my business Checking from Chase over to USBank over the next couple weeks.

 

The Branch manager talked a couple times about coming to them for my equipment loan and they are going to have a specialist reach out to me but I said I have my $100k equipment loan approved based off my name and social, if USbank can do similar then we can talk but considering I was denied a credit card for to many INQ's I doubt it but maybe as I start to put some money into the account they won't worry about my INQ's anymore... we will see... I liked the feel of the branch and the people for at least the deposit account... they can't be worse than chase! (Crossing fingers, I HOPE!)

Message 1 of 15
14 REPLIES 14
Anonymous
Not applicable

Re: Opened my USbank Business Checking Today

CA, what kind of business do you have?

Message 2 of 15
Creditaddict
Legendary Contributor

Re: Opened my USbank Business Checking Today


@Anonymous wrote:

CA, what kind of business do you have?


I purchased a Coin Laundry back in December

Message 3 of 15
Anonymous
Not applicable

Re: Opened my USbank Business Checking Today


@Creditaddict wrote:

@Anonymous wrote:

CA, what kind of business do you have?


I purchased a Coin Laundry back in December


Awesome.  Good luck with your new venture!

Message 4 of 15
Creditaddict
Legendary Contributor

Re: Opened my USbank Business Checking Today


@Anonymous wrote:

@Creditaddict wrote:

@Anonymous wrote:

CA, what kind of business do you have?


I purchased a Coin Laundry back in December


Awesome.  Good luck with your new venture!


It burned down 7 days later!

Message 5 of 15
Anonymous
Not applicable

Re: Opened my USbank Business Checking Today


@Creditaddict wrote:

@Anonymous wrote:

@Creditaddict wrote:

@Anonymous wrote:

CA, what kind of business do you have?


I purchased a Coin Laundry back in December


Awesome.  Good luck with your new venture!


It burned down 7 days later!


You can't be serious

Message 6 of 15
Creditaddict
Legendary Contributor

Re: Opened my USbank Business Checking Today


@Anonymous wrote:

@Creditaddict wrote:

@Anonymous wrote:

@Creditaddict wrote:

@Anonymous wrote:

CA, what kind of business do you have?


I purchased a Coin Laundry back in December


Awesome.  Good luck with your new venture!


It burned down 7 days later!


You can't be serious


haha, I know right... no joking aside... I closed Escrow on Tuesday and the following Tuesday between 2-3AM the restaurant that shares a wall with my laundry caught fire and burned completely down and burned the roof/ceiling out of my laundry which of course between smoke and water from fire department gave me a 100% loss too.  Luckily it was in the middle of the night and all businesses were closed and no one was hurt and the parties involved including myself have insurance... It will unfortunetly be about a 6 month rebuild process as early reports are looking but I do plan to rebuild!

Message 7 of 15
Anonymous
Not applicable

Re: Opened my USbank Business Checking Today


@Creditaddict wrote:

@Anonymous wrote:

@Creditaddict wrote:

@Anonymous wrote:

@Creditaddict wrote:

@Anonymous wrote:

CA, what kind of business do you have?


I purchased a Coin Laundry back in December


Awesome.  Good luck with your new venture!


It burned down 7 days later!


You can't be serious


haha, I know right... no joking aside... I closed Escrow on Tuesday and the following Tuesday between 2-3AM the restaurant that shares a wall with my laundry caught fire and burned completely down and burned the roof/ceiling out of my laundry which of course between smoke and water from fire department gave me a 100% loss too.  Luckily it was in the middle of the night and all businesses were closed and no one was hurt and the parties involved including myself have insurance... It will unfortunetly be about a 6 month rebuild process as early reports are looking but I do plan to rebuild!


Wow, helluva way to start off.  Wish you the best with the rebuild.  Maybe it will end up being for the best as you get new equipment, etc.

Message 8 of 15
Anonymous
Not applicable

Re: Opened my USbank Business Checking Today


@Creditaddict wrote:

@Anonymous wrote:

@Creditaddict wrote:

@Anonymous wrote:

CA, what kind of business do you have?


I purchased a Coin Laundry back in December


Awesome.  Good luck with your new venture!


It burned down 7 days later!


Smiley Surprised.. I thought you were joking.. All the best!!

Message 9 of 15
CreditUnionFan
Valued Contributor

Re: Opened my USbank Business Checking Today


@Creditaddict wrote:

Moving my business Checking from Chase over to USBank over the next couple weeks.

 

The Branch manager talked a couple times about coming to them for my equipment loan and they are going to have a specialist reach out to me but I said I have my $100k equipment loan approved based off my name and social, if USbank can do similar then we can talk but considering I was denied a credit card for to many INQ's I doubt it but maybe as I start to put some money into the account they won't worry about my INQ's anymore... we will see... I liked the feel of the branch and the people for at least the deposit account... they can't be worse than chase! (Crossing fingers, I HOPE!)


Depending on the package you have, CA, you may need very little to keep the existing Chase account open - perhaps $1500. Since you've been on a quest for Chase Ink, keeping the Chase deposit account around, even if not heavily used, may factor into their decision.

 

Depending on how US Bank treats you, I may open a secondary account with US Bank.

I was going to garden... Honest!
Message 10 of 15
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