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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 09, 1975
Page
10
A reader notes that many so called free checking plans impose a $100 minimum balance and annual service charges if the balance drops below that level. Calculations show 96 checks yearly at 13 cents each plus missed interest on $100, totaling about 17.60, implying true costs exceed perceived “free” offers.
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