HARRISBURG, Pa. – State Secretary of Banking Bill Schenck announced that 84% of the check cashers in Pennsylvania that cash government checks and 87% of grocery store registrants have agreed to charge a maximum of 2.5% to cash government checks. According to Schenck’s office, while many check cashers in the state have not charged more than 2.5% to cash any check, other check cashers made the pledge to limit the fees on government checks. “We believe it’s extremely important for consumers who use check cashers to make informed choices so that they can save more of their hard earned money,” said Schenck. “This is especially important during tax season when so many working families qualify for the federal Earned Income Tax Credit and receive substantial tax-refund checks.”

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