Dedicated REI bank account

[Josh Wallin]

Can anyone offer advice on how/where to set up a dedicated REI bank account(s)? Should I ask about high yield savings accounts or just keep all REI cash flow in a separate checking account? Does each property need its own account? Are banks better than credit unions? We have 2 properties and have been using our personal account at the credit union that holds one of our mortgages to handle all transactions for REI and personal. Needless to say this isn't ideal. Any advice the BP community can offer would be greatly appreciated! Thanks!