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    united we stand's Avatar
    united we stand Posts: 17, Reputation: 2
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    #1

    Oct 15, 2008, 09:47 PM
    Can residents of Ohio open banking accounts in Kentucky
    Hi, can residents of Ohio open bank accounts in Kentucky?
    spyderglass's Avatar
    spyderglass Posts: 434, Reputation: 34
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    #2

    Oct 15, 2008, 10:26 PM

    I'm an Ohio resident and I opend one in WV. It's not Kentucky but...
    united we stand's Avatar
    united we stand Posts: 17, Reputation: 2
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    #3

    Oct 15, 2008, 10:40 PM
    Quote Originally Posted by spyderglass View Post
    I'm an Ohio resident and I opend one in WV. It's not Kentucky but....
    Thank you for your help
    spyderglass's Avatar
    spyderglass Posts: 434, Reputation: 34
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    #4

    Oct 15, 2008, 10:58 PM

    I'm afraid it wasn't quite the answer you were looking for :(
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #5

    Oct 16, 2008, 07:16 AM
    Quote Originally Posted by united we stand View Post
    Hi, can residents of Ohio open bank accounts in Kentucky?
    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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