We aren’t paying checking fees (I have four checking accounts) and neither of my girls are paying either.
Doesn’t mean it’s not happening, just don’t know anyone its happened to.
Anyone know someone?
I don’t know anyone who is either. I think this is just to bash the banks...God forbid they make a profit. Democrats hate all things successful.
Me and Durbin’s my Senator.
Durbin (D) - IL (America’s North Korea)
Paying 15 bucks a month for a non interest checking account
Just discovered after the bank turnover from one group to another: my children’s SAVINGS accounts now must have a minimal balance of $400 per month to avoid the $4.00 per month maintenance fee. With the prior group, the minimum was $350. Considering the small balance we have invested with their bank, they refunded the $24. Of course, only AFTER I called them on this... (I realize this amount of $$ may be considered nothing by some; however, it is where we are as a family, and I am merely sharing the ridiculousness of the banking “business” from my perspective.)
I have a total of five accounts with US Bank. A couple of months ago, I noticed that they tried to impose a small service charge on just one of three checking accounts. I called them and told them that I would have to move all of the accounts to another bank if they charged a fee in any amount for any of them. They refunded the fee and explained that it had been a mistake because I shouldn’t ever have to pay any fees. Why, I don’t know, but people should call their bank if these charges appear. It seems they’re just testing customers to see if they’ll pay.
Our local credit union charges $5.00 a month for all accounts, regardless of the balance. It’s relatively small and has only one other branch. The amount of personal service that they provide is at least a thousand times more than that of any regular banks though. Nice to go where everyone knows your name, at least they act like they are glad to see you and they have no TV playing CNN non-stop.
Another positive is that a lot of their tellers are local high school seniors and college students who work there as part of their educational program. They also pay interest on both checking and savings accounts and it is slightly more than the other local banks.