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Ms. Block makes the following points about the current status of checking accounts:
- Only 45% of non-interest bank checking accounts are free and the average monthly fee is $4.37.
- Eaton Family Credit Union does not charge for non-interest nor interest-bearing checking accounts.
- The average rate for an interest-bearing checking account is 0.08%.
- Eaton Family Credit Union Advantage Checking earns 0.10% with a $1,000 balance and 0.30% with a $1,500 balance.
Click here to learn more about Eaton Family Credit Union's FREE Checking.