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Durbin Amendment Impact Not Yet Felt in Checking

MoneyRates.com says 33% of bank checking accounts remain free.

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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.

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