Being able to have a checking and savings account with your online broker is a nice convenience. Not only can you then trade stocks, options, etc but you can also write checks right out of the brokerage account.
That said, not all brokers offer checking and savings accounts for banking. Brokers like ShareBuilder and Merrill Edge are subsidiaries for larger entities (Capital One and Bank of America, respectively). It should also be noted, to qualify for this list, brokers are required to formally offer checking and savings services by including full information for them on their websites.
Published on Tuesday, May 23rd, 2017 .