I only use banks with free checking or interest bearing checking accounts. Usually $100 minimum. My main bank has 2 accounts, one strictly for my direct deposits. After its deposited I move it to another account or usually just get the cash and keep it in my safe.
With the economy like it is and with banks having fractional reserve banking where they only have to have 8% in cash to cover withdrawals, they can get into a bind in a hurry is deposters get spoked. The fed is talking about lowering the reserve requirement to 0%.lol