[Gen.Blather]

Only three of my seven renters have bank accounts. That’s because the five who don’t can’t keep the minimum required amount. Of the 86 million, how many will have to forgo the convenience of having a bank account? How much will the bank lose overall because of this? Any ideas?

This also means that when the five who don’t have accounts get paid, they have to pay a percentage to get their check cashed. Also, there are some employers who simply can’t write a check. It’s either direct deposit into a bank account or you can’t work there. The impact of this will be felt far and wide.

[Paladin2]

“That’s because the five who don’t can’t keep the minimum required amount. “

Then those ckg accts are not exactly free.

[Retain Mike]

"Also, there are some employers who simply can’t write a check. It’s either direct deposit into a bank account or you can’t work there."

Retirees are in a similar situation. Try getting any pension checks or SS by other than direct deposit.

[ConservativeMind]

Are there credit unions nearby?