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Free checking being wiped out by Dodd-Frank’s burden – BankCreditNews

October 2, 2012 by Free Checking News

BankCreditNewsFree checking being wiped out by Dodd-Frank's burdenBankCreditNewsThe average required minimum balance for free checking rose to $723 this year, data reported by Bankrate.com showed on Monday. Banks, in response to the economic climat…

Happy Birthday to the Dodd-Frank Rule That Killed Free Checking! – Reason (blog)

October 1, 2012 by Free Checking News

Reason (blog)Happy Birthday to the Dodd-Frank Rule That Killed Free Checking!Reason (blog)One year ago today, the Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act went into effect. Designed to protect consumers from hig…

Slew of bank fees kills free checking – Fort Wayne Journal Gazette

October 1, 2012 by Free Checking News

Slew of bank fees kills free checkingFort Wayne Journal GazetteCHICAGO – Truly free checking accounts are becoming rarer as banks add more fees to boost their profits. Only 39 percent of non-interest checking accounts are free to all customers, accor…

It’s harder to find free checking accounts – Columbus Dispatch

September 30, 2012 by Free Checking News

New York TimesIt's harder to find free checking accountsColumbus DispatchWASHINGTON — It costs a lot more these days to get free checking. Banks have significantly boosted the average required minimum balance this year, to $723, according to data…

Free checking accounts begin to disappear as banks add fees – The Durango Herald

September 29, 2012 by Free Checking News

Free checking accounts begin to disappear as banks add feesThe Durango HeraldAmong other fees, the average monthly service fee on checking accounts is a record $5.48, up 25 percent from the Bankrate survey a year ago. Also, the average fee charged by a…

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