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Bank Experts Clash Over True Cost of ‘Free’ Checking

Bank Think
“In the past, free checking masked a host of issues. I could bring customers in and with debit card revenue and overdraft fees and cross-selling, eventually people would become profitable,” says Hank Israel, a partner at New York-based consulting firm Novantas LLC.

Read more: “Bank Experts Clash Over True Cost of ‘Free’ Checking”

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