A recent chart in American Banker magazine highlighted that free checking at larger banks is getting scarcer. As recently as 2009, 96 percent of banks with more than $50 billion in assets offered free checking; now, that number has dropped to 34.6 percent.
When the calendar changes, it’s a natural time to look back and look forward, to gauge trends, scratch one’s head, and make predictions that will appear laughable in a few years. According to various prognosticators, because of new technology, rising costs, changing cultural attitudes and spending habits, and the ever-present desire to increase efficiency, there [...]
