Free checking is harder to find…
But not at First Castle FCU! Hurry in to your nearest branch, or read on to learn more about it.
According to an article in today’s LA Times, banks have increased the minimum balance requirements and fees associated with checking accounts. Data released Monday from Bankrate.com show that the average minimum balance requirement for a noninterest-bearing checking account is now $723, and the average monthly fee is up to $5.48, 25% higher than it was this time last year.
With fees and balance requirements on the rise, Bankrate.com’s senior financial analyst Greg McBride reports, “a free checking account is still within the reach of most Americans, whether by getting the fee waived through direct deposit or moving to a bank or credit union that still offers free checking.”
First Castle FCU is very proud to still offer free checking. Our free checking accounts have no minimum balance requirements, no monthly fees, and feature free debit cards with relationship rewards! Other perks include:
- 50 Checks FREE with your first paid order
- Direct Deposit
- Overdraft Protection Available
- Line of Credit Overdraft Account Available by Application
- ACH Bill Payments and Automatic Transfers
- Free On-Line Check Images
- Monthly Statement
- Free E-Statements
- Unlimited Check Writing
- Free 24-hour Telephone Teller (FastFone)
- Free On-line Banking Access (NetTeller)
- Free Debit Card
- Free Bill Pay
Please don’t just keep our free checking to yourself, share it with your friends and family who may be losing much of their hard-earned money on fees. We would love to hear your feedback. Please click on over to our facebook page and let us know what you think.
Adapted from: “Free Checking Costs a Lot More as Bank Fees Rise to Record Highs” by Jim Puzzanghera Retrieved from: http://www.latimes.com/business/money/la-fi-mo-free-checking-bank-fees-bankrate-20120924,0,3015685.story on 9/25/2012.
Federally insured by the NCUA