Fed Researchers: Durbin Amendment Led to Loss of Free Checking – ABA Banking Journal (blog)

Fed Researchers: Durbin Amendment Led to Loss of Free Checking
ABA Banking Journal (blog)
Confirming long-observed anecdotal evidence, a recent paper from two Federal Reserve researchers found that after the Durbin Amendment took effect, affected banks were 35.2 percent less likely to offer a “free checking” product than they were before …

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