End Is Seen to Free Checking (WSJ)


Banks typically didn’t charge for checking in the 1970s, but began imposing fees in the early 1980s to offset higher interest rates they were paying on savings accounts. That changed in 1986 when TCF began promoting a free checking account. By the late 1990s, most banks had followed suit.

READ ARTICLE Via ROBIN SIDEL And DAN FITZPATRICK



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