and its wholly owned subsidiary bank, Green Dot Bank, are focused exclusively on serving low and moderate income American families with financial products and services, including prepaid cards, checking accounts
and cash processing services distributed through a network of some 95,000 retail stores, neighborhood financial service centers and via digital channels.
Even as the profitability of checking accounts
continues to decline, the competition for checking becomes increasingly fierce.
These data suggest that, to the extent that savings associations offer no-fee accounts, they are switching such offerings away from savings toward noninterest checking accounts
The checking account
guides are available for Comerica's Access Checking, Rich Rewards Checking, Premier Checking and Comerica Platinum Circle Checking accounts
, and can be accessed in the "Personal Banking" section of comerica.
We saw an astonishing number of new customers open checking accounts
throughout November and anticipate that additional big bank customers will open new checking accounts
through the remainder of the year," said SDCCU CEO Teresa Halleck.
When you are at a restaurant, gas station, or other commercial establishment that does not accept personal checks, you can use your check card to have funds drafted directly out of your checking account
The first of these accounts we have termed a "single-balance, single-fee, noninterest checking account
That is almost 33 times the current national average for an interest-bearing checking account