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Journal Article
The impact of debit card regulation on checking account fees
Starting in 2011, when new regulations capped the interchange fees paid to banks for debit card transactions, some news reports predicted banks might increase checking account fees. The cap reduced many banks' revenue and the concern was that they might offset their losses by charging more for checking accounts. Sullivan examines data from broad samples of banks and finds that many large banks raised fees?but among the thousands of smaller banks that had been exempted from the regulations, some raised fees while others lowered them. On net, consumer access to free checking actually increased. ...
Journal Article
Deposit rate deregulation and the demand for transactions media
Journal Article
Why bankers are concerned about NOW accounts
Journal Article
Fed Board of Governors provides tips for secure checking accounts
To help educate consumers about how to better protect their bank accounts, the Federal Reserve has published a set of precautions that can help safeguard checking accounts from fraud.
Journal Article
Basic banking
Journal Article
How effective is lifeline banking in assisting the 'unbanked'?
Many consumers who lack checking accounts are paying relatively high costs to access the nation's payments system. Legislation aimed at opening the system to these unbanked individuals has centered on requiring commercial banks to offer low-cost "lifeline" accounts. But will cost savings alone motivate these consumers to access the payments system through banks?
Journal Article
The cost of checkable deposits in the United States
Journal Article
Interest on business checking accounts?