There are no fees, and you only need to deposit $5 or more to open an account. Beyond that first $1,000, however, you're going to earn a rock-bottom APY. Let's say you have $10,000 in savings.

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. "There are a ...

There is a degree of political agreement over so-called debanking, but no easy answers to the hot topic in Washington. ... No, You Don’t Actually Have a Right to a Bank Account.