Are you looking for banks in Mobile AL? These days, there is almost no need to go into a bank branch. Because of online banking, you can manage your finances through an app or a website right from the comfort of your own home. You can pay bills, transfer money, and deposit checks without having to interact with anyone.
However, it is hard to say that we can switch entirely to online banking for a couple of reasons. There are some instances when it is still necessary to go into a bank branch. In this article, I will list down those reasons and name a couple of banks in Mobile AL that you may want to open an account with. Let’s get started.
When You Still Need To Do In-Person Banking
1. You need to make a cash deposit
Handling cash is becoming a rarity, but we still have to deal with handling paper bills every once in a while. It is not the smartest thing to carry large amounts of cash around or even stash it away in your home. You run the risk of losing it or having it stolen.
The best option is to deposit it to your bank account and let it grow on interest. Yes, you could deposit cash through an ATM, but there are limits to that method. Depositing cash through an actual teller is much more convenient, and it does not matter how large the sum is.
2. You need to get something notarized
You may be in the process of transferring titles, buying property, signing a rental agreement, or making an official declaration. In all of these cases, you need to get some documents notarized. There is the option to go to a private notary office, but it can be too costly.
The most convenient thing to do is visit your bank’s nearest branch and have the documents notarized there. There is even a chance that you do not have to pay any fees if you have an account with them.
Related Article: Attorneys in Mobile Alabama
3. You need a large amount of cash right away
Sure, you can withdraw cash from an ATM, but all banks have limits on how much you can take out in a day. You also run the risk of incurring crazy withdrawal fees if you choose that method.
Sometimes, we need large amounts of cash to pay for something. For example, you might be buying from a private seller, and he or she is requesting to get paid in cash. In that case, you will have to go to a bank branch to take out money from your account.
4. You need to exchange currency
If you travel frequently, you know that exchanging currencies at airports can cost you a pretty penny. More often than not, you are forced to pay more than the current exchange rate. If you’re diligent about traveling preparations, you may also want to go to the bank to get dollars exchanged for the currency of your destination.
When you come back from your travels, you can sell the currency you didn’t use, so you don’t have useless foreign money lying around.
5. You want to turn in your coin jar or get specific bills
We all have that container full of change that naturally accumulates over time. You can’t go around paying everybody in coins, so what do you do? Take your coins to the bank to make a deposit or exchange them for bills. Similarly, you can exchange old bills for new ones or get specific denominations should you need them.
You could do this at coin exchange kiosks, but they exchange coins for a fee. It’s not worth it. Banks also usually have coin-counting machines to help you sort through your change, and you leave with the same amount of money you walked in with.
6. You need real assistance
You might look for banks in Mobile AL that can offer great in-person help. Good customer service through phone and online messaging is not that common. Most of the time, we come across unhelpful people who end up frustrating us. If you’re trying to resolve an issue like identity theft or you need an in-depth conversation about your financial future, in-person assistance is the way to go.
To get real actions toward solving your problems, there is a legitimate value to face-to-face interaction. If your issue requires you to show related documents, it’s much faster to bring these in person instead of having a long, tedious email exchange.
7. You need to pay in cashier’s check form
Sometimes, you need to pay with a cashier’s check, particularly if it’s a large, risky purchase. For example, if you’re putting down a deposit on a house or an apartment, personal checks are not commonly accepted. Why?
When someone cashes in your personal check, the funds are taken from your account. If you don’t have enough money in that account, the bounce will check. You can see why this can be a risky transaction. With a cashier’s check, the funds come from the bank, thus ensuring that the seller gets payment. The only way to get a cashier’s check is to request one from a teller.
Banks in Mobile AL
321 Bel Air Blvd, Mobile AL 36606
Phone: (251) 470-7306
127 W I-65 Service Rd N, Mobile AL 36608
Phone: (251) 380-8470
3001 Airport Blvd, Mobile AL 36606
Phone: (251) 431-8340
IBERIABANK Banking Center & ATM
15 W I-65 Service Rd N, Mobile AL 36608
Phone: (251) 345-9610
3704 Dauphin St, Mobile AL 36608
3254 Dauphin St, Mobile AL 36606
Phone: (251) 431-7845
Commonwealth National Bank
2861 SpringHill Ave, Mobile AL 36607
Phone: (251) 478-1222
5133 Cottage Hill Rd, Mobile AL 36609
Phone: (251) 660-2749
Woodforest National Bank
101 East Interstate 65 Service Rd S, Mobile AL 36606
Phone: (2510 478-9680
Hancock Whitney Bank
25 W I-65 Service Rd N, Mobile AL 36608
Save That Coin
Banks are powerful and useful institutions that allow us to save money and grow it. They also give out loans to start businesses and pay for milestone purchases like homes and vehicles. While online banking is a step-up for our comfort and quality of life, sometimes it’s still best to make transactions with a human touch.