The same also applies to a basic bank deposit account, like a checking account.
In the past seven years, software license contracts have grown by 600 words, a 40% jump, while the median length of bank disclosures for a checking account is now a whopping 111 pages.
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For most people, this means changing your primary checking account and bank relationships.
Chase spokesman Paul Hartwick says the bank did "reach out for new checking-account customers" on the Sarah Lawrence campus last fall, as the bank does at many schools located near its branches.
Under the new pilot program, Bank of America introduced four types of checking account.
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In July 2010, the Federal Reserve required banks to receive permission from each checking account customer before the bank provided overdraft protection for ATM and debit card transactions.
Petitioner testified that he did not review the joint bank account statements and that intervenor primarily handled the finances and balanced the joint checking account, an assertion uncontested by intervenor.
We all need to know why we have bank accounts, why we keep track of checking account balances, why we should check our credit reports regularly.
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Your federal Tax transaction (ID: 17227176358924), recently from your checking account was returned by the your Bank.
Prospects with no FICO (a national American credit rating) score, no credit cards and no checking account just look like risk to a bank.
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The bank didn't, however, scrap the testing of potential new checking-account fees.
More good news for bank consumers: since the January 2011 Bank Fee Survey, average minimum balance requirements to avoid fees are lower, and average monthly checking account maintenance fees (for those who pay them) are also slightly lower.
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