6:10 am October 20, 2010, by Henry Unger
What’s your banking strategy as free checking becomes extinct?
The days when you could walk into a bank branch and open an account with no charges or strings attached appear to be over, Associated Press is reporting. Now you have to jump through hoops — keep a high balance, use direct deposit or swipe your debit card several times a month.
One new account at Bank of America charges $8.95 per month if you want to bank with a teller or get a paper statement, AP writes.
Are you switching banks to try to avoid fees?
Are credit unions a better option? Your mattress?
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