Don't understand this one.

First, the evidence is pretty clear to anyone who goes looking for checking accounts (banks that used to have it, leaving aside credit unions, don't any more, without much more restrictive terms that create revenue for them in other ways.) Is it a study? No, but it's pretty clear considering how much of the desposits the big banks that I do know control.

Second, why would the banks be saying that free checking is disappearing to avoid regulation? If real regulation were in place, that could be one of the targets? Yeah they're saying it, but it's chest thumping that they're being successul doing what banks do (making money).

And that's probably as much bank regulation policy as we need to go through here, no?

FTF