Banking Account Advice for an LLC Please

Hi all,

My DSCR lender is requiring me to vest my loan into an LLC. I don't completely understand why (yes, I have asked repeatedly) but I am just going along with it.

As I understand it, part of the deal with an LLC is that I cant co-mingle funds, which means I need to get a new bank account *exclusively* for my real estate investment property.

I've never done this before so I am seeking advice. I have an EIN for my LLC. The property is in NYS. Is there an optimal way to approach this with regard taxes and accounting? Is a Credit Union the way to go? Virtual Banking?

Any other bookkeeping advice is also appreciated.

Thanks all!