All Posts Tagged With: "checking accounts"
Bank of America (NYSE: BAC) Introduces New Checking Fees
Bank of America (NYSE: BAC) has introduced its new monthly fees for customers that maintain checking accounts with the banking institution. The fees ranging from $5-$25 each month for service will be introduced in different regions throughout this year. Beginning later in 2011, the checking account fees on customer accounts will be introduced in Massachusetts, [...]
Bank of America (NYSE: BAC) Cuts Out Free Checking Offers
Bank of America (NYSE: BAC) announced this week it is making some big changes to its basic checking account services. The bank will discontinue offering totally free checking accounts to its new customers. Now the bank will impose stipulations on basic checking accounts including minimum balance requirements and out-of-branch-only banking. The move by Bank of [...]
Citigroup (NYSE: C) Still Involved In Restructuring Of U.S. Retail Sector
According to a recent announcement, Citigroup (NYSE: C) has begun streamlining its U.S. retail checking account services. This means a wider selection of options for consumers, but also the possibility of higher fees while the bank struggles to strengthen profit margins in its retail business following the financial reform. The company has stated that it [...]
Short Term Savings: Why Do You Need it, How Much Do You Need, and Where Do You Put it?
Everyone needs to have access to ‘short term savings’. It’s the money you pull from when you have all those unexpected expenses, like maybe a heat bill that’s three times what you budgeted for. Short term savings is also good for life’s little emergencies, when your car suddenly decides not to move another inch until [...]



