Banking used to be very easy–we would have every FLTA open a checking account at Michigan State Federal Credit Union as soon as they arrived here. However, due to some new banking regulations, that was very problematic last year. Most FLTAs had problems opening an account there and the ones who could open one were delayed.

Some FLTAs open a Chase account, but then had it closed on them due to another strange rule, so we don’t recommend that institution any more.

The best option we see here in East Lansing at this time is to open a Bank of America account, which you should be able to do while you are still overseas.