Sentence examples for required minimum balance from inspiring English sources

The required minimum balance is $749 in Latino neighborhoods and drops to $626 in white neighborhoods.

It is offering a 5percentt rate on savings accounts, with no required minimum balance or fees, and has collected $1.5 billion in deposits.

On a transactional basis, financial-service centers (F.S.C.'s) charge less than banks when the bank customer does not keep a required minimum balance.

But such trusts have fees and a required minimum balance.

The required minimum balance is no more than a mirage for someone who routinely runs out of money before the end of the month. .

Only Bank of America customers with more than $20,000 in combined checking, savings and certificate of deposit accounts or a bank mortgage (of any size) will be able to avoid both the debit card fee and any other monthly fee for falling below a required minimum balance level.

Banks are increasingly bundling free services, such as accounts and stock trades, with paid services, such as investment accounts that require minimum balances.

So the banks did everything in their power to put them off: Requiring minimum balances, charging fees for every conceivable service and imposing penalties for any violation of the "rules". Banks saw little upside in encouraging ordinary people to save.

However, it won't charge monthly fees or require minimum balances.

"The only way to get access to research and transaction features was to open an account with Schwab sch or E*Trade egrp, which require minimum balances of $2,000 and then charge commissions on every transaction".

Credit unions offer most of the same amenities, such as online banking and bill paying, but usually do not charge for checking and don't require minimum balances for checking accounts.