NOW (negotiable order of withdrawal) accounts are checking
accounts that pay interest and, as a result, can have fees that differ from those observed for noninterest checking
For example, only about 8 percent of the banks and 12 percent of savings associations offered no-fee noninterest checking
in 1993, and only 11 percent of banks and 1.5 percent of savings associations offered no-fee savings accounts.
You may not be aware of what's available." For example, you may have a hefty sum deposited in an IRA at your bank but not be aware that this account will help you qualify for a free interest-bearing checking
The erosion of traditional distinctions does not end with checking
. During the 1980s, legislation allowed savings institutions to enter the consumer credit market and allowed depository institutions to compete with money market mutual funds by offering money market deposit accounts.
is typically free, and you can write as many drafts as you like with no limit on the check amount.
While you're checking
the oil level, take a close look at the dipstick tube for cracks or leaks.
In the description field I usually say something like, "Your check # has been returned, please remit replacement payment immediately." For the Account enter your checking
looks carefully at the day-care center's or camp's procedures, checking
to make sure an employee handbook exists and that specific rules prevent adults from being alone with children.
If she did, she'd empty her cookie jar and march into First Union and open a no-minimum checking
account for $5.50 a month.
"And, though there's no state or federal law preventing us from checking
felony conviction records, there's no law requiring that we check those records, either.
She would make out a company check to herself (in her own true name), sign it and deposit the proceeds in her personal checking
For example, in one instance, several New York banks reported to the FBI that they were being defrauded by customers who opened checking
accounts using counterfeit Russian identification documents and stolen checks.