AARP Foundation Senior Attorney Laurie McCann is answering your questions about workplace age discrimination. Join the conversation!
by Nancy Mann Jackson, From the AARP Bulletin Print Edition, January 1, 2011
Free checking, once standard, is going the way of the VCR — a recent study found that the number of financial institutions offering it is down 11 percent from a year ago. But if your bank starts charging, you have other options:
Without the overhead cost of brick-and-mortar branches, Internet banks can still afford free checking. Check out Ally, ING Direct and Everbank, all of them FDIC members. There are others — but make sure that any Internet bank you use is FDIC-insured.
Many credit unions, which are nonprofit and organized to benefit members rather than shareholders, still offer free checking.
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