It’s hard to tell which is piling up faster — the fees bank customers have to pay these days or the research showing just …
Free Checking Accounts
Hey, They Were Listening: Some Banks Reinstate Free Checking
Consumers love to gripe about the scarcity of free checking and ever-increasing bank fees. But something funny happened in the second half of 2011 that belies the narrative of being nickel-and-dimed by the big banks: The …
More Fees, Fewer Branches As Banks Cope With Lower Profits
Several big banks have reported their earnings over the past week, and the results aren’t pretty: JP Morgan Chase & Co. had a 23% drop in profits, Citigroup’s fell 11% and regional bank PNC Financial Services Group suffered a 40% …
Why Your Checking Account Is Getting More Expensive
Long the workhorse of the financial mainstream, the checking account has undergone a radical evolution in recent months. Banks are shifting to the business model embraced by airlines, unbundling a product and adding fees on an a …
