Before Dodd-Frank, 75 percent of banks offered free checking, but now only 39 percent do so because of the “Durbin Amendment,” which imposed price controls on the fee paid by retailers when consumers use a debit card. Bank fees have also increased.
FSR Applauds Senate’s Forward Momentum on Cybersecurity Information Sharing Act
Financial Services Roundtable
Press Releases / Statements
A Reason for Free Checking’s Decline
Wall Street Journal
PACN Coalition – S. 754, the Cybersecurity Information Sharing Act (CISA) of 2015