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Is your checking account free?
Wednesday, May 18, 2016 - Posted by Advertising Department [The following is a paid advertisement.] Despite increased costs resulting from the regulatory environment, credit unions are the only financial institutions which overwhelmingly offer free checking accounts. A study by Moebs Services confirmed that nearly 74% of credit unions offer free checking to their members, while only 46% of banks offer the same. In the aftermath of the financial crisis, new regulatory requirements have significantly increased compliance costs for all financial institutions. For many, the increased operating costs have been passed on to customers in the form of fees associated with financial transactions. However, credit unions continue to offer financial services at the lowest possible cost – sometimes even free – to their members. Experience the credit union difference. Visit ASmarterChoice.org to locate a credit union near you!
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