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Is Free Checking Coming to an End?

Discussion in 'Economics and Financials' started by Eshlemon, Jun 17, 2010.

  1. Eshlemon

    Eshlemon Well-Known Member

    http://www.cbsnews.com/stories/2010/06/17/business/main6591737.shtml?tag=cbsnewsMainColumnArea

    http://online.wsj.com/article/SB100...od=WSJ_business_whatsNews#articleTabs=article

    Checking is a probable start because over half of checking accounts lose money for banks...but should be just the first in a wave of charges put in place to recoupt money lost from new regulations and restrictions.
     
  2. 2socks

    2socks Rebuilding Since 1973

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    you mean the new rules so they can't screw us and take advantage of us....right:knucks:
     
  3. MikeHoncho

    MikeHoncho -=| Censored |=- Club Member

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    The day that happens...
    [​IMG]
     
  4. FinSane

    FinSane Cynical Dolphins Fan

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    Or join a credit union or community bank.
     
  5. Dol-Fan Dupree

    Dol-Fan Dupree Tank? Who is Tank? I am Guy Incognito. Club Member

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    So basically they were dependent on poor people being financially irresponsible.

    So Bank of America should then go into short term money loans. Create new revenue.
     

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