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Archive Home > 2010 > January > 23 > Pretty soon, free checking could be ‘fee’ checking

Pretty soon, free checking could be ‘fee’ checking

As financial institutions face new regulations, free accounts may go the way of free toasters

By Ron Lieber • New York Times News Service / The Bulletin
January 23, 2010

Free checking began as a privilege. Once it spread, customers felt entitled. Eventually, it became a commodity, as most banks felt they needed to offer it. Soon, people took it for granted.

But now, free checking may be an endangered species.

Banks are feeling heat from all sides. This week,....

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