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checking accounts

Agency: Opting for overdrafts means higher fees

A U.S. agency says consumers who opt for overdraft coverage on their checking accounts pay higher fees and are more likely to have their accounts closed than those who decline it.

Banks profiting from overdraft coverage plans, federal agency says

Fees for overdraft and non-sufficient funds accounted for more than 60 percent of banks' total revenue from consumers' checking accounts in 2011, according to the report.

Money market fund assets rose to $2.663 trillion

The North Palm Beach, Fla.-based unit of Bankrate Inc. said Wednesday that the annual percentage yield available on interest-bearing checking accounts was unchanged from the week before at 0.05...

Money market fund assets fall to $2.657 trillion

The North Palm Beach, Fla.-based unit of Bankrate Inc. said Wednesday that the annual percentage yield available on interest-bearing checking accounts was unchanged from the week before at 0.05...

Money market fund assets fell to $2.691 trillion

The North Palm Beach, Fla.-based unit of Bankrate Inc. said the annual percentage yield available on interest-bearing checking accounts was flat from the week before at 0.05 percent.Bankrate.com...

Money market fund assets rose to $2.716 trillion

The North Palm Beach, Fla.-based unit of Bankrate Inc. said the annual percentage yield available on interest-bearing checking accounts was flat from the week before at 0.05 percent.Bankrate.com...

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Overdraft coverage comes at higher cost, agency says

A U.S. agency says consumers who opt for overdraft coverage on their checking accounts pay...

10 Things to Know for Wednesday

A report by the Consumer Financial Protection Bureau indicates consumers who opt for overdraft...

South Floridians are most 'underbanked' in the U.S.

Indeed, Miami is the poster child for that demographic, ranking as the city with the highest...