Checking Account

RECENT NEWS
MarketWatch  Apr 9  Comment 
Thought ATM, overdraft and bounced-check fees were bad? Banks want to fine you for beating them in court.
CNNMoney.com  Mar 6  Comment 
Bank of America is launching a new checking account that will prevent customers from overdrawing funds and getting dinged with frustrating overdraft fees.
Reuters  Nov 29  Comment 
The decision by a New York bank to close Cuba's checking account in the United States has presented an unusual diplomatic quandary that provides a test for new-found pragmatism in relations between the two longtime foes.
Reuters  Nov 28  Comment 
The decision by a New York bank to close Cuba's checking account in the United States has presented an unusual diplomatic quandary that provides a test for new-found pragmatism in relations between the two longtime foes.
Banking Business Review  Oct 29  Comment 
US-based retail lender Santander Bank has introduced a new checking account, which offers customers $20 every month only for carrying day-to-day banking businesses.
Wall Street Journal  Oct 18  Comment 
The lender is considering a plan to introduce a checking account that wouldn't permit customers to overdraw balances at an ATM or when making an automatic bill payment.
TheStreet.com  Sep 16  Comment 
NEW YORK (LowCards.com) -- When the economic downturn hit five years ago, many analysts predicted free checking accounts would become a thing of the past. After all, regulations such as the CARD Act and Dodd-Frank bill cut some of the revenue...
Bankstocks.com  Aug 13  Comment 
Charter One has become the latest local bank to revamp its checking account disclosures to make them easier for
Clusterstock  Jul 25  Comment 
Opening a checking account is usually a pretty mundane experience. You walk into a financial institution or visit the website, open the account and deposit your funds. But if you catch a bank on a good day, the experience can pretty great. You...
CNNMoney.com  Jun 11  Comment 
Checking account customers are racking up hundreds of dollars in overdraft fees each year, a new government report finds.




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A checking account is a transactional account or demand deposit account maintained for routine deposits and withdrawals. Money held in a checking account is more liquid that that in a savings account and can be withdrawn via checks, ATMs and electronic debits. Checking accounts generally pay lower rates of interest than savings accounts and are offered by banks for a minimal or no fee at all.

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