Flood Warning Sayre, PennsylvaniaLocal Weather Alerts

Flood Warning
The National Weather Service In Binghamton Has Issued A * Flood Warning For... Western Bradford County In Northeastern Pennsylvania... * Until 615 Am Edt. * At 410 Am Edt, Doppler Radar Indicated That 1 To 2 Inches Of Rain Has Fallen Overnight, Which Resulted In Flash Flooding. Though ...Read More.
Effective: July 24, 2018 at 11:54pmExpires: July 25, 2018 at 6:00amTarget Area: Bradford

Sunday , August 19 2018
Home / News / Bank of America ends free eBanking checking accounts for some

Bank of America ends free eBanking checking accounts for some

Jan. 22 (UPI) — Bank of America has eliminated free checking accounts for eBanking customers with low balances.

On Sunday, the company moved all of its remaining eBanking customers to accounts that charge a $12 monthly fee — unless the customer carries an average daily balance of at least $1,500 or $250 or more in direct deposits each month.

In 2010, Bank of America introduced the accounts with no fees if the transactions and received statements were handled online. Previously, the minimum fee for any account was $8.95.

In 2013, company stopped offering the fee-free accounts and customers started to be switched over two years later.

More than 45,000 people have signed a petition on Change.org protesting the change.

Customers using eBanking were charged to use human tellers for routine transactions.

“Over the years we’ve been simplifying and streamlining our products,” Betty Reiss, manager of consumer banking products and channels, told the Charlotte Business Journal. “The core checking account provides full access to all our financial centers, ATMs, mobile and online banking, and it also offers several ways to avoid a monthly fee.”

Reiss said Bank of America’s core checking model is competitive with other banks.

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