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Unread 20-06-2011, 21:14
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JesseK JesseK is offline
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Re: Free Business Checking for Non-Profits ?

For now, our 501c3 uses SunTrust. However, many banks are changing their terms right now in order to realign their business models. "Free" checking isn't so free since, for a while, it was being subsidized within the banks by excessive (according to some) fees. So I would wait, or find a bank that has already readjusted their policies/business models for the new regulations.

For example, my personal bank (PNC) will shift their policies on September 12th. Free checking accounts are still 'free' for the most part, yet have fewer perks.
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