I have recently set up a bank account with the Wachovia Bank in Kissimmee Florida and at the same time changed my mortgage in the UK to a bank where I have had an account for 20 years. The American account was far easier and the service was superb. Do you intend to transfer money to the USA? If so I would suggest you set up a money trading account as you will get close to the commercial rate of exchange with no fees to pay. I have used HIFX but there are other companies who provide the same service.