breaking news

Unemployment up slightly in Clark County, job growth slow in Ohio

Survey finds most credit unions offer free checking


A majority of the nation’s largest credit unions offer free checking accounts with no strings attached, but the number is declining, according to Bankrate.com.

A survey of the 50 largest credit unions in the U.S. shows 72 percent offer free checking accounts.

In 2010, 78 percent of credit unions offered free standalone accounts, Bankrate.com said in a survey released this month.

If credit union customers use direct deposit, e-statements and meet minimum transaction activity requirements, those things can eliminate fees at 96 percent of credit unions, Bankrate.com said.

By comparison, Bankrate.com said 39 percent of banks have free checking accounts, compared to 65 percent of banks in 2010.

Bankrate.com is a website that tracks interest rates for various mortgage, debt and retirement products.


Reader Comments ...


Next Up in Business

Whirlpool celebrates new Trump tariffs, adding 200 jobs in Ohio
Whirlpool celebrates new Trump tariffs, adding 200 jobs in Ohio

At least one local manufacturer is celebrating the Trump administration’s move to slam down new tariffs on imported goods. Whirlpool Corp. said it is adding 200 jobs after the administration imposed a tariff of up to 50 percent on large residential washing machines, a penalty aimed squarely at rival manufacturers Samsung Electronics Co. and LG...
JOB ALERT: Kroger hiring for management, digital tech jobs
JOB ALERT: Kroger hiring for management, digital tech jobs

The Kroger Co. announced it is actively recruiting experienced retail, digital and technology professionals for corporate and store management roles across stores. “We want retail and digital and tech talent to know that we’re hiring,” said Tim Massa, Kroger’s group vice president of human resources and labor relations. The...
Regional airport adds new Starbucks, other new dining options
Regional airport adds new Starbucks, other new dining options

John Glenn Columbus International Airport is adding another Starbucks location and several other new dining options for travelers. The airport added its fifth Starbucks location near baggage claim, operated by global restaurateur HMSHost. Other new dining options will open in Concourse C in the second quarter of 2018, the airport announced. Donatos...
Staff cuts and bankruptcy: 7 things we learned about retail last week
Staff cuts and bankruptcy: 7 things we learned about retail last week

The retail industry is shaking things up in the first month of 2018. Gander Mountain reopened some stores under a new name, while Amazon narrowed the list of contenders for its second headquarters in North America. Here’s what happened last week in retail: Gander Outdoors, formerly known as Gander Mountain, announced an initial list of retail...
It’s back. Graeter’s partners with brewery again for ice cream beer
It’s back. Graeter’s partners with brewery again for ice cream beer

Graeter’s Ice Cream and Kentucky-based Braxton Brewing Co. have partnered up again to bring back the highly popular Black Raspberry Chocolate Chip Milk Stout beer. The Cincinnati-based ice cream company will re-launch its Black Raspberry Chocolate Chip flavor beer with Braxton with a few changes to the original recipe. The new batch will have...
More Stories