This is a very informative article on free checking profitability from Bob O’Meara, director or research for the Raddon Financial Group. O’Meara takes a closer look at the impact of NSF fees, debit card interchange fees, and spread income have on free checking profitability. The recent overdraft opt-in legislation impacting NSF fees is having some […]
- Bank of the West Ends Free Checking
- Bank of the West Ends Free CheckingPosted 6 years ago
Update About Bank of the West:
Bank of the West is owned by the large French bank, PNB Paribas. It is very likely the decision to no longer offer free checking…
- Master List of Free Checking Account Names
- Master List of Free Checking Account NamesPosted 6 years ago
Free Checking Account Names
If your bank or credit union is considering introducing a free checking account, or renaming an existing account, this list of free checking account names…
- PNC, Nation’s Sixth Largest Bank, Keeps the Free Checking Account
- PNC, Nation’s Sixth Largest Bank, Keeps the F…Posted 7 years ago
Refusing to follow the lead of the four mega-banks, senior management at Pittsburgh-based PNC Bank announced recently that it will continue offering free checking to its customers. According to the…
- Free Checking Online
- Free Checking OnlinePosted 7 years ago
It’s important to distinguish between online-only banks that offer a free checking account and being able to apply for a free checking account online.
This brief article will cover the internet-only…
- Small Credit Union Takes on Mega-Banks over FREE Checking
- Small Credit Union Takes on Mega-Banks over F…Posted 7 years ago
Here’s a story that’s almost too good to be true. It’s your classic David versus Goliath story.
Instead of sitting back and remaining silent as the big mega-banks attempt to destroy…
- Some Truths About Free Checking
- Some Truths About Free CheckingPosted 7 years ago
Attention financial writers – many of the articles over the past year about the pending death of free checking are based on erroneous information.
One of our goals with this site…
- Check it out – There’s a Bank or Credit Union Offering Free Checking in Your Neighborhood
- Check it out – There’s a Bank or Credit Union…Posted 7 years ago
ATTENTION CONSUMERS: Not all free checking accounts have the word “free” in them. Yes, I agree it doesn’t make sense for a bank or credit union to offer a free…
- Ally Bank Offers a FREE Checking Account
- Ally Bank Offers a FREE Checking AccountPosted 7 years ago
The banner ads are all over the Internet.
Recently, the marketing team at Ally Bank began aggressively marketing the checking account it launched in January 2010 – a free checking account.…
- Free Checking Is Alive and Well
- Free Checking Is Alive and WellPosted 7 years ago
Attention bankers and consumers: Free Checking is alive and well and isn’t going away anytime soon!
On the other hand, if you believe a majority of the media stories on the…
If all these financial writers cared about their millions of readers, perhaps they’d jump aboard the free checking is alive and well bandwagon and ignore the reckless behavior being exhibited by the mega-banks and a few followers as they throw free checking under the bus. Senior management at PNC Bank made a wise decision to […]
Ally Bank free checking advertisement found in Business Week magazine. Ad reads: A checking account should accumulate interest, not fees.
Refusing to follow the lead of the four mega-banks, senior management at Pittsburgh-based PNC Bank announced recently that it will continue offering free checking to its customers. According to the article below, approximately 70% of the bank’s customers have free checking. PNC Bank should serve as a good example for those banks and credit unions […]
Ally Bank free checking ad found on a bus stop in San Francisco. Reads, “We don’t take money. We take care of it.”
A new survey by Bankrate finds that of the top 50 credit unions based on assets, 38 still offer free checking accounts with no strings attached. Even among those credit unions where customers have to pay for checking, most offer ways to avoid fees by meeting certain conditions, such as maintaining a minimum balance or […]
PNC spokesman Ed Kozmor said roughly 70 percent of the bank’s customers have free checking accounts so the bank felt it was important to keep them satisfied. The bank’s Free Checking and Foundation Checking products remain available with no balance requirement, along with free access to online banking, bill pay and PNC’s ATMs. But in September, […]
Newspaper ad for Washington Mutual’s free checking account offering free checks for life, free ATM cash withdrawals, and one overdraft or bounced check fee waiver.
Ally Bank runs a magazine ad for its Interest Checking Account.
Bank of the West newspaper ad offering $100 with a free checking account, provided the account holder meets certain criteria.
Bank of the West’s latest newspaper ad, which reads: Free checking so free, it’s worth reading the fine print below.
After years of offering no-fee checking accounts, major Florida banks are starting to charge customers who keep modest balances in their accounts. Consumers who cannot maintain high balances or meet other criteria could wind up paying $100 or more a year for what used to be a free checking account. Read more: Herald Tribune