Most banks offer accounts with varying balance requirements so that customers can avoid maintenance fees or other charges.
Without a minimum balance requirement, people may be careless about keeping enough in their accounts to avoid bouncing checks.
There are no maintenance or transaction fees during that year, and no minimum balance requirement on the account.
The public school system is an integrated district with racial balance requirements exceeding those of the state of Connecticut.
Or they may raise the minimum balance requirements that some banks already have.
Those fees are similar to a minimum balance requirement on a consumer checking account.
If you want to stay in a bank, consider certificates of deposit, which often count against minimum balance requirements.
Fee increases are often hidden in average monthly balance requirements.
The difference is that they usually pay higher interest, have higher minimum balance requirements (sometimes $1000-$-2500), and only allow three to six withdrawals per month.
Money market accounts also have a minimum balance requirement.