Skip to content
BOL Conferences
Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums General Discussion Free Checking
Thread Options Tools
#1798260 - 03/26/13 12:43 PM Free Checking
DCollins Offline
Platinum Poster
DCollins
Joined: Oct 2001
Posts: 707
If we have a requirement that the customer must have monthly deposits totaling $600 can we say it is a "Free Checking" account?

Return to Top
General Discussion
#1798265 - 03/26/13 01:02 PM Re: Free Checking DCollins
Skittles Offline
10K Club
Skittles
Joined: Sep 2002
Posts: 13,965
TN
So if the total deposits don't equal $600 or more is there a fee? If so, then you can't call it a free checking account.
_________________________
My Opinions Only

Return to Top
#1798268 - 03/26/13 01:11 PM Re: Free Checking Skittles
DCollins Offline
Platinum Poster
DCollins
Joined: Oct 2001
Posts: 707
No, there is not a fee.

Return to Top
#1798271 - 03/26/13 01:23 PM Re: Free Checking DCollins
Skittles Offline
10K Club
Skittles
Joined: Sep 2002
Posts: 13,965
TN
Then what would happen (I'm curious)?
_________________________
My Opinions Only

Return to Top

Moderator:  Andy_Z, Lucy Griffin, Mary Beth Guard