Reduced debit income from the impact of the Durbin Amendment has not yet wiped out free checking accounts from banks, according to MoneyRates.com's most recent bank fee survey.

The semiannual survey found that the percentage of free checking accounts available dropped "slightly" since January 2011 but that more than 33% of checking accounts surveyed remained fee free.

"Don't give up on free checking," urged Richard Barrington, personal finance expert for MoneyRates.com, in a statement about the new survey.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.