Hi, can residents of Ohio open bank accounts in Kentucky?
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Hi, can residents of Ohio open bank accounts in Kentucky?
I'm an Ohio resident and I opend one in WV. It's not Kentucky but...
I'm afraid it wasn't quite the answer you were looking for :(
Sure, why not? Be aware that in some states (like Mass) they have a higher income tax rate on interest earned from out-of-state banks that they do for interest from in-state banks. Not sure whether Ohio may have a similar provision? Also, there may be differences between OH and KY on consumer protection laws for bank customers - most people wouldn't care, but you may want to check.
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