If consumers would simply maintain the minimum balance requirement, they wouldn't get hit with monthly fees and wouldn't bounce checks. You want to find a bank that has a minimum balance requirement you can meet.
More Quotes from Stephen Brobeck:
This is not on the radar screen of the banking industry right now. They're not interested in small depositors.Stephen Brobeck
Generally it's a good idea, but you need to comparison shop to make sure you get a good deal.
Stephen Brobeck
They simply do not understand the power of making small regular contributions.
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Despite all of the news coverage about credit scores over the past year, many consumers still do not understand important facts about these increasingly influential numbers.
Stephen Brobeck
More banks should have suitable accounts, he thinks, and suggests that parents look for ones that do. We strongly encourage financial institutions to promote savings by young people, ... It's important to learn savings.
Stephen Brobeck
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