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Unread 20-06-2011, 08:41
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Andrew Lynch
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Free Business Checking for Non-Profits ?

I have run a non-profit 501(c)3 account for the past 3 years with WaMu (now Chase) to handle business checking. Typically the monthly service fee has been zero but recently that has changed.

Now Chase has added monthly service fees if a $5,000 account balance is not held. This is unfortunate because non-profits rarely have $5,000 sitting around every month. Does any team or group use a national bank with a zero monthly service fee ?
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