William Galvin to banks: Offer free basic checking or give up state and local deposits
Secretary of State William F. Galvin vowed to press Bank of America and other big banks in Massachusetts to offer …
free checking accounts
The History and Evolution of the Free Checking Account
I’ll start by setting the record straight on the origin of the free checking account. It wasn’t created by a banker. It was created in 1982 by a team of experts working at a small direct mail agency located in Lincoln, Nebraska.
It was one of seven unique checking accounts that were combined with a free gift and marketed as a complete turnkey marketing program under the name of Totally Free Checking and a Free Gift Too!
Is Dropping Free Checking a PR Blunder for Wells Fargo?
Remember when Forrest Gump reminded us that “stupid is as stupid does?” When Bank of America and Chase dropped free …
New Online Bank offers Free Checking
Another online bank introduces Free Checking. The week of February 13, 2012, teachers’ retirement plan tiaa-cref launched an online consumer …
Free Checking Accounts Are Coming Back To Big Banks – Business Insider
TIMEFree Checking Accounts Are Coming Back To Big BanksBusiness InsiderIn the second half of 2011, the number of checking accounts without a monthly maintenance fee increased to 39 percent, up from 35 percent earlier in the year, according to the lates…