<p>For most college students, I would say the bank with the handiest ATM (so you do not incur charges using “foreign” ATMs) is the right choice. So see what banks are on/near campus and convenient to you.</p>
<p>If your parents will be funding you in one or more ways (allowance, books, whatever), it is handy if you both have accounts at the same bank - makes transfers from them to you quite easy with a few mouse clicks. For that reason, we - like others - have BofA because it is our account and is convenient to S at school. But it is NOT everywhere.</p>
<p>If whatever bank your parents use (or you have in Canada) is not convenient to your school, that’s not a great problem. It’s pretty easy to transfer funds online via BillPay - although not as quick as within one bank.</p>
<p>You should be able to get a free account with a bank near your school. There will probably be more than one with a station set up during Orientation to court your business.</p>