Board of Governors of the Federal Reserve System

Annual Report to the Congress on Retail Fees and Services of Depository Institutions

June 1997

Board of Governors of the Federal Reserve System

Annual Report to the Congress on Retail Fees and Services of Depository Institutions
Submitted to the Congress pursuant to section 1002 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 as amended by section 108 of the Riegle{Neal Interstate Banking and Branching Eciency Act of 1994 and by section 2608 of the Economic Growth and Regulatory Paperwork Reduction Act of 1996

June 1997
1

Contents
Summary of general ndings 1 Deposit insurance premiums and the cost and availability of retail banking services 2 The survey and methodology 2 Survey results 2
Noninterest checking accounts 3 NOW accounts 4 Savings accounts 6 Special fees 7 ATM services 9

Comparisons between single-state and multistate banking organizations 12 Fees and service availability by CMSA and by state 13 Appendix A: Design of the survey Appendix B: Results by size category of institution Appendix C: Results by consolidated metropolitan statistical area Appendix D: Results by state 16 17 31 72
1

SinceRecovery, andofEnforcement Act of 1989, Rethe passage the Financial Institutions form, the

Congress has required the Board of Governors of the Federal Reserve System to report annually on discernible changes in the cost and availability of certain retail banking services and on correlations, if any, between these changes and increases in deposit insurance premiums. The act further speci ed that these annual reports be based on annual surveys of samples of insured depository institutions that are representative in terms of size and location. The Riegle {Neal Interstate Banking and Branching Eciency Act of 1994 amended the requirements for the contents of the Board's report. The amendments require separate treatment of the trends in the cost and availability of retail banking services in each of several di erent regions, for each of several di erent size classes of institution, and, separately, for institutions that do and do not engage in multistate activities. To meet the additional requirements mandated by the Riegle {Neal act, the number of institutions surveyed was expanded substantially. The requirements for the contents of the report were expanded again under a provision of the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Under section 2608 of this act, the requirement that trends be reported by region was amended to require that they be reported for each state and for each consolidated metropolitan statistical area or primary metropolitan statistical area. This report is the rst issued under the requirements of this act.1 The surveys on which this report is based were conducted using large, randomly selected samples of depository institutions belonging either to BIF (the Bank Insurance Fund, whose participants are predominantly commercial banks) or SAIF (the Savings Association Insurance Fund, made up primarily of savings and loan associations). The samples were drawn so as to adequately represent di erent regions of the country and di erent sizes of institution. The results are population estimates, for the nation as a whole and for each of several subcategories of institution, of the availability

of a large number of retail banking services and the fees for such services. The survey results (population estimates) applying to members of BIF are reported separately from those applying to members of SAIF. This distinction is made in part because of the numerous di erences that exist between commercial banks and savings associations. The distinction is also required, however, to account for di erences in insurance assessments that apply to members of the two funds. For the purposes of these reports, data on the fees and availability of retail services are obtained annually for the members of BIF and SAIF. In all, information on more than fty measures of fees and service availability are reported here for members of each of the two insurance funds and for numerous subcategories of these institutions. Although results di er by type of service, a few generalizations regarding the changes that occurred industrywide between 1995 and 1996 can be made. First, the availability of many of the retail services examined did not change appreciably between 1995 and 1996. Of those statistically signi cant changes that did occur, however, more than half were in the direction of greater availability rather than less availability. For members of BIF, about 60 percent of such changes were in the direction of greater availability, while for members of SAIF, about 70 percent were in this direction. A substantial number of fees increased between 1995 and 1996, while a few declined. Of the nine cases of statistically signi cant changes in average fees reported for members of BIF, seven were increases. Of the eight cases reported for members of SAIF, seven also were increases. Of those cases involving a statistically signi cant change in the proportion of nancial institutions charging for a given retail service, increases and decreases were about equal in number. This report also compares the fees and availability of services at \single-state" and \multistate" banking organizations. Banks are designated as multistate if they are part of banking organizations that conduct banking operations in more than one state, while all other banks are designated as single-state. In most cases, the average fees charged by multistate organizations are

Summary of General Findings

1 Under a sunset provision, these surveys will terminate with the report covering the year 2000.

2 signi cantly higher than those charged by single-state organizations. Statistical analyses designed to account for the role of locational and other factors that might explain di erences in the level of fees charged by banks also nd signi cantly higher fees charged by multistate organizations.

Annual Report to the Congress

Deposit Insurance Premiums and the Cost and Availability of Retail Banking Services

In general, deposit insurance assessment rates declined for members of both BIF and SAIF between the dates of the 1995 and 1996 surveys. Under the assessment system, each member institution of BIF and SAIF is assigned to one of nine assessment classi cations based on the risk posed by the institution to its insurance fund. The following ranges of assessment rates on deposits were in e ect at the time of the 1995 surveys (an institution's actual rate depended on it's supervisory rating and capital position):  For members of BIF: 0.04{0.31 percent  For members of SAIF: 0.23{0.31 percent. By the time of the 1996 surveys, assessment rates had declined, although not dramatically, for most members of the two funds. Thus, for the period examined in the present report, any observed increases in fees or reductions in service availability generally cannot be attributed to changes in deposit insurance assessments.

cient funds  Overdrafts  Automated teller machines. The surveys were divided by product category and conducted by telephone on di erent dates to keep the length of the interviews manageable and to improve the accuracy of responses. Estimated changes in the levels of fees and service availability are reported for the nation as a whole and for subsets of institutions according to the following two criteria: size of institution (large, medium-sized, and small) and whether or not the institution is part of a multistate banking organization.3 Average levels of fees and service availability prevailing at the time of the 1996 surveys are also reported for a large number of states and consolidated metropolitan statistical areas for which adequate data are available. Because data for individual states and metropolitan areas were not collected in the 1995 surveys, estimated changes in fees and service availability cannot be reported for them. Such estimates will be provided in next year's report. 

NOW accounts  Savings accounts  Stop-payment orders  Charges for checks and deposits involving insu-

Survey Results

The Survey and Methodology

The two annual surveys that form the basis of this report were conducted with identical procedures.2 For each category of retail banking service examined, the surveys collected data on fees and service availability from approximately 700 members of BIF and 350 members of SAIF. Because sample selection probabilities are, by design, not equal across regions or across sizes of institution, strati ed random sampling was employed to obtain estimates of fees and service availability for the entire population of the two insurance funds (see appendix A for more details). The information obtained from surveyed institutions on fees and availability covers the following items:  Noninterest checking accounts
2

Tables 1 through 5 cover noninterest checking accounts, NOW accounts, savings accounts, special fees, and automated teller machines respectively. Each table presents nationwide population estimates separately for banks and for savings associations regarding service availability and the levels of fees at the time of the 1995 and 1996 surveys, along with estimated changes in these values between the two surveys. For each of tables 1 through 5, appendix B presents three additional tables of nationwide estimates of fee and service changes | one for each of the three institution size categories. Tables 6 through 11 in the text present information relevant to the distinction between multistate and single-state banking organizations. Appendix C presents information on the average level of fees and services availability for individual states, and appendix D covers the same information for consolidated metropolitan statistical areas.
3 Large institutions are de ned as those with assets of more than $1 billion; medium-sized, between $100 million and $1 billion; and small, less than $100 million.

Moebs Services, of Lake Blu , Illinois, conducted the surveys.

Retail Fees and Services of Depository Institutions
With the exception of the state and metropolitan area information presented in appendixes C and D, all tables present information on the statistical signi cance of di erences between 1995 and 1996 in the percentage of institutions o ering or charging for services and of di erences between the two years in the average dollar values of fees and required balances. The levels of statistical signi cance indicated in the tables are the minimum probability that, given the change (or di erence) obtained for sampled institutions, a change (not necessarily of the same magnitude but in the same direction) occurred for the entire population of such institutions. The following discussion focuses on di erences that are identi ed in the tables as statistically signi cant at a con dence level of at least 90 percent; the text refers to these selected di erences as \statistically signi cant" or simply as \signi cant." Most of the other changes shown in the tables are not discussed in the text. For most of the retail banking services in the survey, service availability is measured by the population estimate of the proportion of depository institutions that o er the service. In the case of noninterest checking accounts, NOW accounts, and savings accounts, population estimates of the average minimum balances needed to open these accounts may also be used to address the question of availability. For most services, information on fees is presented in the form of population estimates of (1) the proportion of those depository institutions o ering a service that charge for the service and (2) the average fee charged by the institutions that charge for the service. When the mix of fees for the service in question is quite diverse, as it is with noninterest checking accounts and NOW accounts, only fees associated with the most common mixes are reported.

3 Noninterest checking accounts can di er considerably in terms of the nonchecking services provided with the account, the balances that depositors must maintain to qualify for various fee levels, and the mix of fees charged the account holder. Depository institutions can, and frequently do, o er more than one type of account. So that fee and availability gures may be compared systematically over time, three narrowly de ned types of checking accounts are reported: (1) single-balance, single-fee accounts, (2) fee-only checking accounts, and (3) free checking accounts. Excluded from the list are noninterest checking accounts that entitle the account holder to a mix of services other than those associated with the checking account itself (the so-called club accounts) and checking accounts with relatively complicated balance structures and fee mixes. A single-balance, single-fee account involves no fee if the account holder maintains a minimum balance; otherwise, the account holder incurs a single monthly fee. About one third of banks o ered this account in 1995 and 1996, while the proportion of savings associations o ering this account increased a statistically signi cant 7 percentage points, to about 21 percent (table 1). Signi cant increases in this percentage were also registered for large banks and for small savings associations (table B, 1.1 and 1.3). Industrywide, no signi cant change occurred in the fees or minimum balances associated with this account. Fee-only checking is a noninterest checking account in which the customer is charged a monthly fee regardless of the account balance; a per-check charge may also be assessed, but not necessarily. Industrywide, the percentage of banks o ering this account decreased about 11 percentage points between 1995 and 1996, to about 34 percent. Signi cant decreases in this percentage are also registered by medium-sized and small banks (table B, 1.2 and 1.3). Because this decrease follows a substantial increase observed in the previous year, no trend in the proportion of banks offering this account is apparent. Industrywide, the average monthly fee associated with this account rose at banks a signi cant 41 cents, to about $5 per month. The proportion of institutions levying a charge per check and the average charge for each check increased statistically signi cant amounts both at banks and savings associations between 1995 and 1996. The signi cant increases registered for the monthly fee at banks and for the per check charge at both banks and savings associations are all significantly greater than the roughly 3.3 percent increase

Noninterest Checking Accounts

The proportion of members of BIF (hereafter, banks) and members of SAIF (hereafter, savings associations) o ering various types of noninterest checking accounts and the fees and minimum balances associated with those accounts were surveyed in December 1995 and December 1996. Industrywide estimates indicate that nearly all banks o ered at least one type of noninterest checking account in both years, while about two-thirds of savings associations did so, with no signi cant changes over the period (table 1).

4

Annual Report to the Congress
Dollars except as noted

1. Noninterest checking
Service availability and fee averages Banks 1995 97:7 29:4 6:61 479:22
:::

Savings associations Change
:1

Percent o ering Single-balance, single-fee account1

:::::::

1996 97:8 32:9 6:34 480:26 123:33 34:2 5:02 45:8 82:15 8:7 62:71
:34

1995 64:6 14:4 5:95 383:61
:::

1996 67:0 21:1 5:76 424:54 152:71 26:9 4:13 55:7 68:80 12:5
::: :44

Change 2:4 6:7
:19

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

3:5
:27

::::::::::

1:04
:::

40:93
:::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

45:7 4:61 21:6 81:62 14:2
::: :23

11:5
:41 

22:1 4:04 29:3 72:38 21:2
::: :25

4:8
:09

:::::::

24:2
:53

::::::::::::::: 

:11

26:4 3:58
:19 

Free checking3

Percent o ering Minimum balance to open

::::::::::

5:5
:::

8:7
:::

Note. For percentages, change is measured in percentage points; for dollars, change is measured in dollars. Data on minimum balance to open were not collected on all accounts for 1995. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases. 3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report or not comparable across surveys. ** Signi cant at the 95 percent con dence level.

in the consumer price index (CPI) during the twelve months between December 1995 and December 1996.4 Signi cant increases in the incidence and levels of these fees are also registered for several di erent size categories of banks and savings associations (table B, 1.1{3). Free checking is a noninterest checking account that imposes no fees of any kind. The proportion of banks o ering this account decreased a statistically signi cant 5 percentage points, to about 9 percent in 1996, while at savings associations it decreased a signi cant 9 percentage points, to about 12 percent. Signi cant
4 In this context, the test for statistical signi cance refers to the di erence between the 1996 average fee and the fee that would have existed had it risen no more than did the CPI in the same period. The CPI used is the urban index, all items.

decreases in this percentage also occurred at large, medium-sized, and small institutions (table B, 1.1{3).

NOW Accounts

NOW (negotiable order of withdrawal) accounts are checking accounts that pay interest and often have fee structures that di er from those of noninterest checking accounts. NOW accounts were surveyed in December 1995 and December 1996. Over 95 percent of all banks o ered NOW accounts in 1995 and 1996, while about 85 percent of savings associations did so, with no signi cant change during the period (table 2). The surveys of NOW accounts covered three fee structures. In the rst of these, a single-fee account, the institution charges no fee if the account holder maintains a minimum balance; otherwise, the insti-

Retail Fees and Services of Depository Institutions

5

2. NOW accounts

Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 1995 96:4 43:9 8:49 1; 069:54
:::

Savings associations Change
:9

1996 97:3 44:0 8:11 1; 078:78 653:72

1995 84:9 38:5 6:84 597:83
:::

1996 84:8 42:5 6:54 783:33 365:15

Change
:1

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:1

4:0
:30

:::

:38

:::::

9:24
:::

185:50
:::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

16:1 5:95
:22

22:7 6:30
:21

6:6
:35 :01

5:5 5:24
:22

14:3 6:16
:22

8:8 0:00 97:59
::: :92 

:::::

1; 064:25
:::

1; 102:83 722:26
:0

38:58
:::

764:04
:::

666:45 268:30 1:0
:::

:::::::::

No-fee account
Note.

Percent o ering Minimum balance to open

:::::

:0

:0

:0

1:0
:::

:::::::::

:::

:::

:::

:::

See general note to table 1. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum.

. . . Data are insucient to report or not comparable across surveys. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

tution levies one monthly fee with no check charges. Industrywide, somewhat more than 40 percent of both banks and savings associations o ered this account in 1996, an amount not signi cantly di erent from that registered for the previous year. The only signi cant industrywide change associated with this account was in the minimum balance required to avoid a monthly fee at savings associations; the minimum balance rose about $200, to nearly $800, and re ected the substan-

tial increase registered for large savings associations (table B.2.1). The second type of NOW account, the single-fee, single-check-charge account, di ers from the rst in that a below-minimum balance triggers check charges as well as a monthly fee. The proportion of institutions o ering this account increased at banks a signi cant 7 percentage points, to about 23 percent; and at savings associations a signi cant 9 percentage points, to about

6

Annual Report to the Congress
Dollars except as noted

3. Savings accounts

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

Banks 1995 98:7 36:6 1:61 157:44 81:86 17:4 39:33 48:3 2:39 253:27 183:60 9:5 40:02 1996 99:4 36:1 1:46 135:73 88:36 29:2 34:40 43:9 1:97 189:62 137:96 14:8 50:42 Change
:7

Savings associations 1995 98:5 39:6 1:77 176:89 81:22 13:8 58:76 56:8 2:33 227:02 135:63 10:1 39:68 1996 97:2 39:7 1:93 188:94 104:78 45:8 74:96 44:4 2:10 219:34 114:59 18:9 247:03 Change 1:3
:1 :16

::::::::::

::::::::::::: :::

:5 :15

::::::::::::: :::

21:71 6:50 11:8 4:93 4:4 
:42

12:05 23:56 32:0 16:20 12:4
:23

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open
Note.

::::::::::::: :::

::::::::::::: :::

63:65 45:64 5:3 10:40

7:68 21:04 8:8 207:35

No-fee statement savings
::::::::::::: :::

See general note to table 1. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

14 percent. Signi cant increases in this percentage were also observed for both medium-sized and small institutions (table B, 2.2 and 2.3). The only other signi cant change associated with this account, industrywide, was in the average monthly fee charged at savings associations. This fee increased about 90 cents, to somewhat more than $6.5 The percentage of banks and savings associations offering NOW accounts that entail no fees|negligible in both 1995 and 1996|increased slightly at savings associations, mostly the small institutions (table B.2.3).

Savings Accounts

Savings accounts were surveyed in November 1995 and November 1996. Nearly all banks and savings associ-

5 This increase was signi cantly greater than the 3.3 percent increase in the CPI during the period.

ations o ered some form of savings account in both 1995 and 1996. The survey covered four fee structures for savings accounts: (1) simple passbook, (2) no-fee passbook, (3) simple statement, and (4) no-fee statement. For the simple passbook account, the institution charges customers no fee if they maintain a minimum balance and one monthly fee otherwise. Somewhat more than onethird of both banks and savings associations o ered this account in the two years surveyed, with no significant change during the period. Industrywide, the only signi cant changes associated with this account were in the average minimum balance to avoid the monthly fee at banks, which decreased from $157 in 1995 to $136 in 1996, and in the average minimum balance to open the account at savings associations, which increased from $81 in 1995 to $105 in 1996. These sig-

Retail Fees and Services of Depository Institutions

7

4. Special fees

Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

1995 99:0 13:68 100:0 15:71 98:4 15:67 59:0 4:95

Banks 1996 99:4 13:68 100:0 16:36 100:0 16:28 59:3 5:50

Change
:4 :00

Savings associations 1995 1996 Change 100:0 14:09 100:0 14:08 99:9 17:62 99:4 17:53 80:5 7:62
:0 :01

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average
Note.

:::::::::

:0 :65

::::::::::::::::: 

99:8 17:06 99:3 16:75 78:2 6:85

:1 :56

:::::::::

1:6
:61

::::::::::::::::: 

:1 :78 

Deposit items returned
::::::::: :::::::::::::::::

:3 :55 

2:3
:77 

See general note to table 1. 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

ni cant changes are also found for large banks and for medium-sized savings associations (table B, 3.1 and 3.2). The second type of savings account, the no-fee passbook account, requires no minimum balance to avoid service fees. The proportion of banks o ering this account increased a signi cant 12 percentage points over the period, to about 30 percent, while the proportion of savings associations o ering the account increased a signi cant 32 percentage points, to 46 percent. Signi cant increases in this percentage also occurred at large and small banks and at all three sizes of savings association (table B, 3.1{3). Like the simple passbook account, the simple statement account requires the holder to maintain a minimum balance to avoid a fee. Industrywide, the proportion of institutions o ering this type of account was somewhat greater than 40 percent in 1996 for both banks and savings associations. This level represents a sharp decline from the 1995 level for savings associations, but it follows a substantial increase observed for the previous period; thus no longer-term change is apparent from the 1996 result. Industrywide, the average monthly fee charged account holders with low balances decreased at banks

a signi cant 42 cents, to about $2, and the minimum balances required to avoid the fee decreased about $64. Small banks also showed signi cant declines in these two items (table B.3.3). The declines follow substantial increases observed between the 1994 and 1995 surveys, thus providing no evidence of a trend. The proportion of institutions o ering statement savings accounts that entail no fee increased industrywide a signi cant 5 percentage points at banks, to about 15 percent; and a signi cant 9 percentage points at saving associations, to about 20 percent. Similar increases were observed at small and medium-sized banks and at medium-sized and large savings associations. The minimum balance required to open the account at savings associations increased, however, a signi cant $200, to about $250 over the period. Signi cant increases in this item are also registered for small savings associations (table B.3.3). Surveys of the fees that depository institutions charge for certain special functions were conducted in November 1995 and November 1996. The surveys collected information on both the incidence of fees and on the level of fees for stop-payment orders, NSF (not suf-

Special Fees

8

Annual Report to the Congress
Dollars except as noted

5. Automated teller machines
Service availability and fee averages
:::

Banks 1995 79:6 18:9 13:07 8:2 5:29 1996 72:9 13:4 7:94 10:0 4:89 Change 6:7 5:5 5:13 1:8
:40

Savings associations 1995 68:5 11:7 11:71 5:5 4:53 1996 73:2 10:1 12:86 8:6 3:00 Change 4:7 1:6 1:15 3:1 1:53

Percent o ering Annual fee
Percent charging Average

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

9:6
:61

6:8
:59

2:8
:02

8:8
:65

11:3
:86

2:5
:21

:::::::::::: 

:::

4:2
:::

2:1
:::

2:1
::: :8 :11

3:0
:::

7:2
:85

4:2
:::

::::::::::::

:::

5:2
:81

4:4
:70

8:0
:61

11:2
:79

3:2
:18

:::::::::::: 

Fee for transactions on others
::: ::::::::::::

85:3 1:03 70:0 1:03 71:4
:95

79:8 1:10 64:7 1:08 64:7 1:03

5:5
:07 

83:1
:97

79:2
:98

3:9
:01

:::

5:3
:05

62:7
:92

::::::::::::

66:5 1:00 70:2
:95

3:8
:08 :3 :07

:::

6:7
:08

:::::::::::: 

70:5
:88 

Note. See general note to table 1. Transactions in which the machine used is that of the customer's institution are called \on us." . . . Data are insucient to report or not comparable across surveys.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

cient funds) checks, overdrafts, and deposit items returned. Virtually all banks and savings associations charged for stop-payment orders, NSF checks, and overdrafts in 1995 and 1996. Although the average charge for stop-payment orders remained constant

during the period at both banks and savings associations, other fees tended to rise signi cantly. The charge at banks for both NSF checks and overdrafts rose more than 60 cents, to somewhat more than $16, and the average charge at savings associations for overdrafts

Retail Fees and Services of Depository Institutions

9

6. Noninterest checking at single-state and multistate banking organizations, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1
:::::::::::::::::::

Service availability and account averages

Single-state (1) 97:7 31:8 6:18 471:33 120:44 31:8 4:98 43:5 83:05 8:7
::: :33

Multistate (2) 98:5 39:8 7:15 524:13 137:54 48:6 5:17 54:8 78:74 8:5
::: :40

Di erence (2 1)
:8

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::::::::::::::::::: :::::::::::: ::::::::

8:0 52:80 17:10
:97 

::::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::::::::::::::

16:8
:19

::::::::::::::::::::::::::

:::::::::::::::::::

11:3 4:31
:2 ::: :07

::::::::::::::::::::::::::: :::::::::::: 

Free checking3

Percent o ering Minimum balance to open

:::::::::::::::::::::: ::::::::::::

Note. For percentages, di erence is measured in percentage points; for dollars, di erence is measured in dollars. Single-state and multistate refer to the number of states in which the banking organization conducts banking operations. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases. 3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

rose about 80 cents, to $17.50. Medium-sized banks also showed signi cant increases in the average charge for both NSF checks and overdrafts (table B.4.2). The proportion of institutions charging for deposit items returned remained relatively constant, at about 60 percent for banks and 80 percent for savings associations. The average charge, however, increased signi cant amounts at both types of institution: 55 cents at banks, to $5.50, and nearly 80 cents at savings associations, to about $7.60. Small banks also showed a signi cant increase in this fee (table B.4.3).6
6 Of all the increases in fees registered for banks and savings associations industrywide, only the increase observed at banks for deposit items returned is signi cantly greater than the increase in the CPI during the period.

ATM Services
The availability of services from automated teller machines (ATMs) and the level of associated fees were surveyed in November 1995 and November 1996. Industrywide, the proportion of both banks and savings associations o ering ATM services was somewhat greater than 70 percent in 1996. The signi cant reduction registered for banks between 1995 and 1996 follows an increase of similar magnitude registered during the previous period. Thus, no long-term trend in availability is apparent. The ATM survey requested data on yearly fees, fees for issuing the ATM card, and various types of transaction fees. ATM transactions cover deposits, withdrawals, and balance inquiries; the average fees for each type di er depending on whether the institution's customer uses the institution's ATM (\on us"

10
Dollars except as noted

Annual Report to the Congress

7. NOW accounts at single-state and multistate banking organizations, 1996 Percent o ering Single-fee account1
Service availability and account averages
:::::::::::

Single-state (1) 97:9 43:1 7:89 1; 058:01 697:25

Multistate (2) 93:4 49:4 9:29 1; 191:72 417:33

Di erence (2 1) 4:5 6:3 1:40 133:71 279:92

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::::::::::: ::::

:::

Single-fee, singlecheck-charge account2

Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open

:::::::::::::: ::::

23:0 6:16 1; 100:26 747:46
:0 ::: :20

20:3 7:29 1; 121:07 543:81
:2 ::: :27

2:7 1:13 20:81 203:65
:2 ::: :07

:::::::::::::::: 

:::

No-fee account
Note.

Percent o ering Minimum balance to open

:::::::::::::: :::

See general note to table 6. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee and a check charge for balances below the minimum and no other charges.

. . . Data are insucient to report. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

transactions) or another institution's ATM (\on others" transactions). ATM \surcharges" are becoming increasingly common. These charges are the fees levied directly on users at ATMs by ATM owners; typically, the users incurring the fee are those that do not maintain an account with the institution that owns the ATM. Data on these fees, not gathered for this year's report, will appear in next year's report. Between 1995 and 1996, the proportion of banks charging an annual ATM fee decreased a signi cant 5.5 percentage points, to about 13 percent, and the average annual fee at banks declined about $5, to $8. Signi cant decreases in one or both of these items are also observed for small and medium-sized banks (table B, 5.2 and 5.3). About 10 percent of banks and 9 percent of savings associations charged a card fee in connection with

ATM services in 1996, and the average level of the fee at savings associations declined that year a signi cant $1.50, to $3. As it has been in previous years, the industrywide incidence of fees for transactions \on us" was low in 1996, ranging between 2 and 7 percent at banks and between 7 and 11 percent at savings associations. Between 1995 and 1996, the proportion of banks charging for \on us" transactions decreased for withdrawals a signi cant 3 percentage points, to about 7 percent; and for balance inquiries about 2 percentage points, to 2 percent. These declines in incidence were particularly striking in the case of medium-sized banks (table B.5.2). For savings associations, however, the incidence of \on us" fees increased signi cantly in the case of deposits, from 3 percent in 1995 to about 7 percent in 1996. This increase appears to have been centered at small savings associations, where the inci-

Retail Fees and Services of Depository Institutions

11

8. Savings accounts at single-state and multistate banking organizations, 1996
Dollars except as noted

Percent o ering Simple passbook savings1

Service availability and account averages

:::::::::::

Single-state (1) 99:4 36:4 1:38 134:03 88:01 32:3 29:17 40:1 1:87 178:91 137:44 15:7 51:21

Multistate (2) 99:7 34:1 2:00 146:92 90:67 10:2 136:20 67:4 2:32 228:84 139:85 9:1 42:01

Di erence (2 1)
:3

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::::::::::: ::::

2:3 12:89 2:66
:62 

:::

No-fee passbook savings
Percent o ering Minimum balance to open
:::::::::::::: :::

22:1 107:03 27:3 49:93 2:41
:45

Simple statement savings1

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::::::::::: :::: 

:::

No-fee statement savings
Percent o ering Minimum balance to open
Note.

:::::::::::::: :::

See general note to table 6. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

** Signi cant at the 95 percent con dence level.

6:6 9:20

dence of all \on us" transaction fees rose sharply (table B.5.3). The level of \on us" fees did not change signi cantly at banks during the period, but they increased significantly at savings associations, from 65 cents in 1995 to 86 cents in 1996 in the case of withdrawals and from about 60 cents to about 80 cents in the case of balance inquiries. (Both of these increases are signi cantly greater than those accounted for by the increase in the CPI during the period.) The industrywide incidence of fees in 1996 for transactions \on others" was much higher than for transactions \on us," ranging from 65 percent (for deposits and balance inquiries at banks) to 80 percent (for withdrawals at banks and savings associations). The proportion of banks charging for \on others" ATM transaction fees generally declined about 5 to 7 percentage points during the period. These moderate declines, however, follow much more substantial increases observed for the period between the 1994 and 1995 sur-

veys. Thus, viewed from a longer perspective, the incidence of these fees has been on the rise at banks. The average level of \on others" ATM transaction fees continued to rise at banks. Between the 1995 and 1996 surveys, the average charge for withdrawals and balance inquiries rose a signi cant 7 to 8 cents: to $1.10 in the case of withdrawals and to $1.03 in the case of balance inquiries, with the latter appearing to be particularly sharp at large banks (table B.5.1). The average charge for balance inquiries also increased signi cantly at savings associations, from 88 cents in 1995 to 95 cents in 1996.7

7 The increases observed for balance inquiries at both banks and savings associations are signi cantly greater than the increase in the CPI during the period, while the increase observed for withdrawals at banks is not.

12
Dollars except as noted

Annual Report to the Congress

9. Special fees at single-state and multistate banking organizations, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Single-state (1) 99:3 13:11 100:0 15:90 100:0 15:82 57:9 5:39

Multistate (2) 99:9 17:14 100:0 19:22 99:8 19:11 68:2 6:07

Di erence (2 1) 4:03 3:32 3:29 10:3
:68 :2 :0 :6

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average
Note.

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

See general note to table 6. 1. NSF| Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

** Signi cant at the 95 percent con dence level.

Comparisons between Single-State and Multistate Banking Organizations

Tables 6 through 10 present information relating to the distinction between single-state and multistate banking organizations. Banks are designated as multistate if they are part of banking organizations that conduct banking operations in more than one state, while all other banks are designated as single-state.8 This distinction treats one type of bank di erently from the in-state and out-of-state distinction drawn in previous reports: Banks headquartered in the same state as the multistate banking organizations that own them were previously classi ed as in-state, but are now classi ed as multistate. In all other cases (which constitute the vast majority of banks in the sample), banks previously classi ed as in-state are now single-state, and banks previously classi ed as out-of-state are now multistate. The change to a single-state vs. multistate comparison has been made (1) because of wording in recent amendments to the legislation requiring this report,
8 Because multistate activity is much less common for savings associations than it is for banks, only information applying to banks is reported.

which calls for a delineation between institutions according to engagement in \multistate activity" and (2) because analyses of the fee data have indicated that the fees charged by a bank owned by a multistate organization headquartered in the bank's state are more similar to the fees of other banks owned by multistate organizations than they are to banks that are not part of multistate organizations. The tables comparing single-state to multistate banks present information on the same items as those found in tables 1 through 5. As was the case with the di erence between the in-state and out-of-state banks discussed in previous reports, average fees reported for banks that were part of multistate organizations in 1996 were in most cases signi cantly higher than the average fees charged by banks that were not part of such organizations. Of the eighteen comparisons involving average fees, banks that were part of multistate organizations exhibited higher average charges in all of them, with thirteen of the comparisons registering statistical signi cance. Average fees charged for stop-payment orders, for example, were more than $4 higher for the multistate category and more than $3 higher in the case of NSF checks and overdrafts. These observed di erences may

Retail Fees and Services of Depository Institutions
be due to locational di erences or other factors that correlate with the distinction between single-state and multistate banking operations. To follow up that possibility, regression analyses of the 1996 fee data were conducted to account for di erences in the location of the bank and di erences in the size of the bank. This analysis indicates that, even after accounting in detail for di erences in the location of the bank (as indicated by data on the state or CMSA in which the bank is located) and size category of the bank, substantial differences in the fees charged by single-state and multistate banking organizations remain (table 11, which shows the results of these analyses as they apply to the special fees shown in table 4). Comparisons of the incidence of fees, in contrast to their averages, tend to be fairly evenly divided between cases in which multistate organizations are more likely and less likely to charge a fee.

13

Fees and Service Availability by CMSA and by State

Appendix C presents information on fees and service availability for individual CMSAs, and appendix D presents the same information for individual states. Tables are not presented for those CMSAs and states in which too few institutions were surveyed to provide accurate information. Further, since data collected in the 1995 survey were not distinguished by CMSA and state, tables in appendixes C and D report only 1996 information. Annual changes by CMSA and by state will be included in next year's report.

14

Annual Report to the Congress

10. Automated teller machines at single-state and multistate banking organizations, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and account averages
:::::::::::::::

Single-state (1) 69:5 12:8 7:48 11:0 4:88 6:8
:55

Multistate (2) 93:9 15:9 9:94 5:6
:::

Di erence (2 1) 24:4 3:1 2:46 5:4
:::

::::::::::::::::

:::::::::::::::::::::::::

Card fee

Percent charging Average

::::::::::::::::

:::::::::::::::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::::::::::::::

6:8
:88

:0 :33

::::::::::::::::::::::: 

:::::::::::::::

2:3
:::

1:2
:::

1:1
:::

:::::::::::::::::::::::

:::::::::::::::

4:1
:67

5:6
:82

1:5
:15

:::::::::::::::::::::::

Fee for transactions on others
::::::::::::::: :::::::::::::::::::::::

79:4 1:08 66:7 1:06 64:1 1:02

81:7 1:19 53:6 1:28 67:5 1:09

2:3
:11 

:::::::::::::::

13:1
:22

:::::::::::::::::::::::

:::::::::::::::

3:4
:07

:::::::::::::::::::::::

Note. See general note to table 6. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

Retail Fees and Services of Depository Institutions

15

11. Amount by which fees for special services at multistate banking organizations are higher (lower, ) than those at single-state banking organizations after controlling for size and location of institution, 1996
Dollars

Stop-payment orders NSF checks1 Overdrafts2 Deposit items returned
Note.

Dependent variable

::

::::::::::::

:::::::::::::

Ordinary-least-squares regression analysis. 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution. ** Signi cant at the 95 percent con dence level.

Multistate organization 1.88** 1.64** 1.46** .83**

16

Annual Report to the Congress

Appendix A: Design of the Survey

The data employed in this report were obtained through telephone interviews conducted by Moebs Services, of Lake Blu , Illinois, under contract with the Board of Governors of the Federal Reserve System. Approximately 1,000 depository institutions were surveyed. As in all surveys, errors in reporting are possible. To minimize these errors, all results obtained by trained interviewers were reviewed by one of two supervisors, each with extensive experience in the area of retail banking. A discrepancy or suspected error resulted in a second phone call to the surveyed institution. In addition, one out of every ve surveyed institutions was called a second time to verify results. The statistical design of the survey, developed for Moebs by George Easton, of Rutgers University, consists of a strati ed systematic sample, treated as a strati ed random sample. The country was divided into seven regions, and institutions were distributed among ve size classes; these regions and size classes served as the strata. Because selection probabilities di er by region and size class, the inverse of the selection probabilities were employed as sampling weights. These weights were employed to obtain population estimates and their associated variances.

Retail Fees and Services of Depository Institutions

17

Appendix B: Results by Size Category of Institution
B.1.1. Noninterest checking at large institutions
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

Banks 1995 86:2 40:3 8:97 674:21
:::

Savings associations Change 7:8 13:7 1:38 120:40
:::

:::::::

1996 94:0 54:0 7:59 553:81 89:86 56:8 5:19 53:9 56:18 5:7
::: :46

1995 89:8 18:2
::: ::: :::

1996 93:1 29:2 7:49 938:71 316:48 38:4 4:60 65:6 57:75 19:8
::: :62

Change 3:3 11:0
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

63:2 4:45 7:6 52:34 14:8
::: :::

6:4
:74

43:1 4:52
:::

4:7
:08 ::: ::: :82

:::::::

46:3 3:84 9:1
::: :::

:::::::::::::::

56:93 35:8
:::

:::

Free checking3
Note.

Percent o ering Minimum balance to open

::::::::::

16:0
:::

For percentages, change is measured in percentage points; for dollars, change is measured in dollars. Data on minimum balance to open were not collected on all accounts for 1995. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases. 3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report or not comparable across surveys. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

18

Annual Report to the Congress

B.1.2. Noninterest checking at medium-sized institutions
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

Banks 1995 97:5 37:9 7:00 489:91
:::

Savings associations Change
:4

:::::::

1996 97:9 37:4 6:49 515:67 175:68 47:8 4:96 50:9 79:46 10:7
::: :38

1995 69:3 15:7 5:99 377:51
:::

1996 78:0 19:2 5:61 385:79 93:72 40:7 3:87 62:2 63:13 13:9
::: :43

Change 8:7 3:5
:38

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

:5 :51

::::::::::

25:76
:::

8:28
:::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

56:2 4:28 23:6 83:19 15:0
::: :26

8:4
:68 

22:8 3:88 29:4 74:73 22:7
::: :::

17:9
:01

:::::::

27:3 3:73 4:3
::: :12

::::::::::::::: 

32:8 11:60 8:8
::: :::

Free checking3
Note.

Percent o ering Minimum balance to open

::::::::::

See general note to table B.1.1. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report or not comparable across surveys. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

Retail Fees and Services of Depository Institutions

19

B.1.3. Noninterest checking at small institutions
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

Banks 1995 98:4 25:3 6:16 454:98
:::

Savings associations Change
:5

:::::::

1996 97:9 29:8 6:13 453:73 99:58 27:1 5:04 41:0 87:72 8:0
::: :29

1995 56:2 12:7 5:67 329:37
:::

1996 51:8 21:6 5:49 342:98 167:58 11:4 4:79 27:5 94:98 10:0
::: :::

Change 4:4 8:9
:18

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

4:5
:03

::::::::::

1:25
:::

13:61
:::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

40:5 4:79 21:2 83:36 13:9
::: :22

13:4
:25

18:0 4:03 40:9 75:76 17:4
::: :::

6:6
:76

:::::::

19:8 4:36
:07

::::::::::::::: 

13:4 19:22 7:4
::: :::

Free checking3
Note.

Percent o ering Minimum balance to open

::::::::::

5:9
:::

See general note to table B.1.1. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report or not comparable across surveys. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

20

Annual Report to the Congress

B.2.1. NOW accounts at large institutions
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 1995 86:8 45:7 10:81 1; 372:55
:::

Savings associations Change 6:0 8:0
:69

1996 92:8 53:7 10:12 1; 406:69 914:98

1995 100:0 59:3 8:19 1; 008:11
:::

1996 90:6 50:5 7:70 2; 135:68 239:76

Change 9:4 8:8
:49

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

34:14
:::

1; 127:57
:::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

16:5 6:67
:27

17:4 8:44
:35

:9

6:8
::: :::

8:2
::: :::

1:4
::: :::

1:77
:08

:::::

1; 311:73
:::

1; 624:97 1; 272:83
:0

313:24
:::

:::

:::

:::

:::::::::

:::

:::

:::

No-fee account
Note.

Percent o ering Minimum balance to open

:::::

:0

:0

:0

:0

:0

:::::::::

:::

:::

:::

:::

:::

:::

See general note to table B.1.1. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum.

. . . Data are insucient to report or not comparable across surveys. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

Retail Fees and Services of Depository Institutions

21

B.2.2. NOW accounts at medium-sized institutions
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 1995 95:2 50:8 8:65 1; 153:89
:::

Savings associations Change
:5

1996 94:7 48:6 8:97 1; 111:70 596:44

1995 94:1 40:2 7:16 589:15
:::

1996 92:9 48:0 6:50 670:40 415:13

Change 1:2 7:8
:66

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

2:2
:32

:::

:::::

42:19
:::

81:25
:::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

13:1 5:81
:23

21:1 7:29
:21

8:0 1:48
:02

4:4
::: :::

17:1 5:87
:23

12:7
::: :::

:::::

921:43
:::

1; 155:75 511:22
:0

234:32
:::

:::

679:92 261:17
:0

:::

:::::::::

:::

:::

No-fee account
Note.

Percent o ering Minimum balance to open

:::::

:0

:0

:0

:0

:::::::::

:::

:::

:::

:::

:::

:::

See general note to table B.1.1. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report or not comparable across surveys. ** Signi cant at the 95 percent con dence level.

22

Annual Report to the Congress

B.2.3. NOW accounts at small institutions
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 1995 97:4 40:9 8:25 1; 007:24
:::

Savings associations Change 1:1
:6

1996 98:5 41:5 7:56 1; 038:66 660:99

1995 73:9 33:6

1996 75:9 35:9 6:32 616:33 328:62

Change 2:0 2:3
:20

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:69 

6:12 492:48
:::

:::::

31:42
:::

123:85
:::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

17:3 5:95
:21

23:6 5:85
:20

6:3
:10 :01

6:4
::: :::

12:5 6:33
:20

6:1
::: :::

:::::

1; 095:10
:::

1; 061:52 773:49
:0

33:58
:::

:::

557:99 296:13 2:3
:::

:::

:::::::::

:::

:::

No-fee account
Note.

Percent o ering Minimum balance to open

:::::

:0

:0

:0

2:3
:::

:::::::::

:::

:::

:::

:::

See general note to table B.1.1. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum.

. . . Data are insucient to report or not comparable across surveys. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

Retail Fees and Services of Depository Institutions

23

B.3.1. Savings accounts at large institutions
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

Banks 1995 90:7 29:8 2:07 259:80 122:17 1:1
:::

Savings associations Change 6:9 7:1
:36

::::::::::

1996 97:6 36:9 2:43 203:24 79:85 5:6
:::

1995 92:6 41:7 1:72

1996 100:0 53:8 2:76 270:47 92:01 16:8
:::

Change 7:4 12:1 1:04 69:05 27:27 16:8
:::

::::::::::::: :::

::::::::::::: :::

56:56 339:52 42:32 119:28 4:5
::: :0 :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open
Note.

::::::::::::: :::

84:4 2:48 289:49 107:72
:9 :::

84:6 2:88 282:61 124:87 2:9
:::

:2 :40

88:3 2:34 331:94 99:07
:6 :::

83:1 2:76 271:60 96:53 9:3
:::

5:2
:42

::::::::::::: :::

6:88 17:15 2:0
:::

60:34 2:54 8:7
:::

No-fee statement savings
::::::::::::: :::

See general note to table B.1.1. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

. . . Data are insucient to report or not comparable across surveys. * Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

24

Annual Report to the Congress

B.3.2. Savings accounts at medium-sized institutions
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

Service availability and fee averages

Banks 1995 99:0 38:0 1:82 170:29 87:65 12:8 72:73 58:9 2:26 206:13 99:89 9:8 44:59 1996 98:4 41:9 1:71 152:77 106:58 17:6 55:77 54:7 2:13 239:45 151:57 16:3 74:31 Change
:6

Savings associations 1995 99:4 41:9 1:84 168:50 85:77 12:0 102:57 61:8 2:20 192:89 93:27 10:0 43:33 1996 99:7 50:7 1:81 185:11 123:01 35:0 37:46 54:9 1:85 205:85 131:72 27:2 69:56 Change
:3

::::::::::

::::::::::::: :::

3:9
:11

8:8
:03

::::::::::::: :::

17:52 18:93 4:8 16:96 4:2
:13

16:61 37:24 23:0 65:11 6:9
:35

No-fee passbook savings
Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: ::: 

33:32 51:68 6:5 29:72

12:96 38:45 17:2 26:23

No-fee statement savings
Percent o ering Minimum balance to open
Note.

::::::::::::: :::

See general note to table B.1.1. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

Retail Fees and Services of Depository Institutions

25

B.3.3. Savings accounts at small institutions
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

Service availability and fee averages

Banks 1995 99:1 36:4 1:50 146:03 77:53 20:2 30:95 41:8 2:45 277:15 237:43 9:9 38:56 1996 100:0 33:7 1:27 122:46 79:49 35:5 25:09 37:0 1:75 146:12 131:36 14:9 39:98 Change 
:9

Savings associations 1995 98:7 37:2 1:71 154:36 69:73 17:8 31:01 47:2 2:49 1996 93:7 23:4 1:66 143:49 69:36 66:3 98:46 21:5 2:07 198:84 86:34 12:6 715:59 Change 5:0 13:8
:05

::::::::::

::::::::::::: :::

2:7
:23

::::::::::::: :::

23:57 1:96 15:3 5:86 4:8 
:70

10:87
:37

No-fee passbook savings
::::::::::::: :::

48:5 67:45 25:7
:42

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

131:03 238:01 106:07 194:63 5:0 1:42 11:7 37:60

39:17 108:29 677:99
:9

No-fee statement savings
Percent o ering Minimum balance to open
Note.

::::::::::::: :::

See general note to table B.1.1. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

26

Annual Report to the Congress
Dollars except as noted

B.4.1. Special fees at large institutions
Fee averages 1995 100:0 17:94 100:0 20:03 97:3 20:65 82:1 5:53 Banks 1996 Change 99:7 18:16 100:0 20:29 99:2 20:45 84:6 5:76
:3 :22

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Savings associations 1995 1996 Change 100:0 15:88 100:0 18:51 100:0 18:18 81:8 7:31 100:0 15:95 100:0 18:93 100:0 18:71 89:9 8:15
:0 :07

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average
Note.

:::::::::

:0 :26

:0 :42

:::::::::::::::::

:::::::::

1:9
:20

:0 :53

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

2:5
:23

8:1
:84

See general note to table B.1.1. 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

B.4.2. Special fees at medium-sized institutions
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

1995 100:0 15:92 100:0 17:99 98:5 17:80 68:8 5:05

Banks 1996 Change 98:6 16:13 100:0 18:97 100:0 18:73 69:3 5:14 1:4
:21

Savings associations 1995 1996 Change 100:0 14:59 100:0 17:51 98:5 17:31 79:3 6:63 100:0 14:44 100:0 18:03 99:0 18:03 82:4 7:57
:0 :15

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average
Note.

:::::::::

:0 :98

::::::::::::::::: 

:0 :52

:::::::::

1:5
:93

::::::::::::::::: 

:5 :72

Deposit items returned
::::::::: :::::::::::::::::

:5 :09

3:1
:94

See general note to table B.1.1. 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

Retail Fees and Services of Depository Institutions

27

B.4.3. Special fees at small institutions
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

1995 98:5 12:53 100:0 14:56 98:5 14:48 53:8 4:85

Banks 1996 Change 99:7 12:41 100:0 15:05 100:0 15:01 53:7 5:68 1:2
:12

Savings associations 1995 1996 Change 100:0 13:26 99:5 16:35 100:0 13:25 99:7 16:84 99:7 16:69 76:1 7:55
:0 :01

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average
Note.

:::::::::

:0 :49

:2 :49

:::::::::::::::::

:::::::::

:::::::::::::::::

1:5 100:0 15:91
:53 :1 :83

:3 :78

Deposit items returned
::::::::: ::::::::::::::::: 

See general note to table B.1.1. 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

76:5 7:01

:4 :54

28

Annual Report to the Congress

B.5.1. Automated teller machines at large institutions
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 1995 95:3 5:4
:::

Savings associations Change 1:0 6:7
:::

1996 96:3 12:1
:::

1995 88:2 19:1
:::

1996 95:9 14:4
:::

Change 7:7 4:7
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:3 :::

3:3
:::

3:0
:::

9:5
:::

0:0
:::

9:5
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

8:7
:::

9:8
:::

1:1
:::

6:2
:::

12:7
:::

6:5
:::

::::::::::::

:::

0:0
:::

1:0
:::

1:0
::: :5 :::

0:0
:::

1:7
:::

1:7
:::

::::::::::::

:::

6:6
:::

6:1
:::

0:0
:::

9:7
:::

9:7
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

96:9 1:18 71:6 1:23 85:9
:95

87:4 1:24 58:0 1:15 77:4 1:20

9:5
:06

93:9 1:09 77:3 1:16

80:3 1:00 60:7 1:63 71:1
:88

13:6
:09

:::

13:6
:08

16:6
:47

::::::::::::

:::

8:5
:25

:::::::::::: 

76:2
:99

5:1
:11

Note. See general note to table B.1.1. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report or not comparable across surveys. ** Signi cant at the 95 percent con dence level.

Retail Fees and Services of Depository Institutions

29

B.5.2. Automated teller machines at medium-sized institutions
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 1995 95:7 25:9 11:93 7:6
:::

Savings associations Change 1:9 15:3 2:93 2:4
:::

1996 97:6 10:6 9:00 10:0 4:80

1995 87:1 10:9 12:33 5:6
:::

1996 86:5 14:0 14:14 9:9 2:64

Change
:6

:::::

:::::::::::::

3:1 1:81 4:3
:::

Card fee

Percent charging Average

:::::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

7:0
:::

2:4
::: :7 :::

4:6
:::

10:3
:::

4:5
:::

5:8
::: :1 :::

::::::::::::

:::

4:5
:::

3:8
::: :5 :::

4:7
:::

4:6
:::

::::::::::::

:::

3:5
:::

4:0
:92

11:3
:58

4:6
:::

6:7
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

86:4 1:05 73:8 1:04 73:5
:96

83:1 1:07 70:2 1:09 74:6 1:03

3:3
:02

85:2
:96

79:6 1:00 69:6
:95

5:6
:04

:::

3:6
:05

67:3
:87

2:3
:08

::::::::::::

:::

1:1
:07

74:5
:88

70:5
:98

4:0
:10

:::::::::::: 

Note. See general note to table B.1.1. Transactions in which the machine used is that of the customer's institution are called \on us." . . . Data are insucient to report or not comparable across surveys.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

30

Annual Report to the Congress

B.5.3. Automated teller machines at small institutions
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 1995 72:1 16:1 14:04 9:0 5:50 1996 61:3 15:3 7:26 10:7 4:93 Change 10:8 6:78 1:7
:57 :8

Savings associations 1995 48:2 10:9
:::

1996 56:4 2:9
:::

Change 8:2 8:0
:::

:::::

::::::::::::: 

Card fee

Percent charging Average

:::::

4:1
:::

9:1
:::

5:0
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
Note.

:::

11:2
:64

9:5
:54

1:7
:10

7:2
:::

22:3
:::

15:1
:::

::::::::::::

:::

4:4
:::

3:2
:::

1:2
:::

1:0
:::

13:5
:::

12:5
:::

::::::::::::

:::

6:0
:::

4:4
:::

1:6
:::

5:3
:::

22:3
:::

17:0
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

83:9 1:01 67:8 1:02 69:0
:95

76:9 1:11 62:2 1:07 56:8 1:01

7:0
:10

76:8
:94

78:2
:95

1:4
:01

:::

5:6
:05

49:7
:90

62:2
:92

12:5
:02

::::::::::::

:::

12:2
:06

62:2
:84

69:6
:93

7:4
:09

::::::::::::

See general note to table B.1.1. Transactions in which the machine used is that of the customer's institution are called \on us." . . . Data are insucient to report or not comparable across surveys.

* Signi cant at the 90 percent con dence level. ** Signi cant at the 95 percent con dence level.

Retail Fees and Services of Depository Institutions

31

Appendix C: Results by Consolidated Metropolitan Statistical Area
C.1.1. Noninterest checking in the Boston {Worcester {Lawrence CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 78:4 51:9
::: ::: :::

Savings associations 66:0 6:8
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

44:1
::: ::: ::: :::

::::::::::::::

32:7 3:42 76:9 22:69 18:9
::: :::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

Note. In addition to Worcester and Lawrence, Mass., this consolidated metropolitan statistical area covers parts of Maine, N.H., and Conn. CMSAs are de ned by the Bureau of the Census. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases. 3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

32

Annual Report to the Congress

C.1.2. Noninterest checking in the Chicago{Gary {Kenosha CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 81:9 39:0 6:90 253:20 96:24 27:1 6:38 57:9 85:34 19:4
::: :28

Savings associations 80:0 22:1
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

52:9
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

Note. Gary is in Ind., and 3. No monthly fee or per-check fee, Kenosha is in Wis. although a charge may be imposed for 1. A monthly fee for balances be- check printing. low the minimum, no monthly fee for . . . Data are insucient to report. balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

Retail Fees and Services of Depository Institutions

33

C.1.3. Noninterest checking in the Denver {Boulder {Greeley CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 87:2 50:2 5:31 460:31 120:63 20:3
::: ::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

3:8
:::

::: :::

Note. This CMSA lies entirely 3. No monthly fee or per-check fee, within Colo. although a charge may be imposed for 1. A monthly fee for balances be- check printing. low the minimum, no monthly fee for . . . Data are insucient to report. balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

34

Annual Report to the Congress

C.1.4. Noninterest checking in the Los Angeles{Riverside{Orange County CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 42:2 8:90 736:36 144:91 39:2 6:76 36:7 274:77
:0 ::: :::

Savings associations 75:5 45:5 6:33 413:33 187:45 5:4
::: ::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

19:8
:::

Note. This CMSA lies entirely 3. No monthly fee or per-check fee, within Calif. although a charge may be imposed for 1. A monthly fee for balances be- check printing. low the minimum, no monthly fee for . . . Data are insucient to report. balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

Retail Fees and Services of Depository Institutions

35

C.1.5. Noninterest checking in the New York City{Northern New Jersey{ Long Island CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Fee averages

:::::::

Banks 79:3 33:4 8:24 757:70 571:44 41:6 4:16 60:1 42:71 10:6
::: :45

Savings associations 76:4 24:2 6:30 849:82 269:41 36:6 3:33 88:7 43:06 15:1
::: :48

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

Note. This CMSA also covers 3. No monthly fee or per-check fee, parts of Conn. and Pa. although a charge may be imposed for 1. A monthly fee for balances be- check printing. low the minimum, no monthly fee for . . . Data are insucient to report. balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

36

Annual Report to the Congress

C.1.6. Noninterest checking in the Philadelphia{Wilmington{Atlantic City CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 67:3 6:74 484:67 147:49 33:1
::: ::: ::: :::

Savings associations 69:7 24:9
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

47:3 3:29 35:1 65:65 10:6
::: :::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

13:1
:::

Note. In addition to Wilmington, 3. No monthly fee or per-check fee, Del., and Atlantic City, N.J., this although a charge may be imposed for CMSA covers parts of Md. check printing. 1. A monthly fee for balances be. . . Data are insucient to report. low the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

Retail Fees and Services of Depository Institutions

37

C.1.7. Noninterest checking in the San Francisco{Oakland{San Jose CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 95:6 63:3 8:14 936:89 417:85 23:7
::: ::: ::: :::

Savings associations 39:8 26:5
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

26:5
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

:0 :::

Note. This CMSA lies entirely 3. No monthly fee or per-check fee, within Calif. although a charge may be imposed for 1. A monthly fee for balances be- check printing. low the minimum, no monthly fee for . . . Data are insucient to report. balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

38

Annual Report to the Congress

C.1.8. Noninterest checking in the Seattle {Tacoma{Bremerton CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 61:3 4:67 425:41 95:90 33:7
::: ::: ::: :::

Savings associations 39:3

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

:0 :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

19:6
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

22:1
:::

19:6
:::

Note. This CMSA lies entirely 3. No monthly fee or per-check fee, within Wash. although a charge may be imposed for 1. A monthly fee for balances be- check printing. low the minimum, no monthly fee for . . . Data are insucient to report. balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

Retail Fees and Services of Depository Institutions

39

C.1.9. Noninterest checking in the Washington{Baltimore CMSA, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 37:8 7:04 572:78 24:95 47:3 4:34 4:1 290:02 4:3
::: :::

Savings associations 28:6

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

:0 :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

:0 :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

Note. This CMSA also covers 3. No monthly fee or per-check fee, parts of Va. and W.Va. although a charge may be imposed for 1. A monthly fee for balances be- check printing. low the minimum, no monthly fee for . . . Data are insucient to report. balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

40

Annual Report to the Congress

C.2.1. NOW accounts in the Boston {Worcester {Lawrence CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 26:1
:::

Savings associations 94:7 37:3 5:82 1; 067:86 207:01

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

22:0
::: :::

14:4
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

6:8
:::

:::::::::

:::

Note. In addition to Worcester and Lawrence, Mass., this CMSA covers parts of Maine, N.H., and Conn. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

41

C.2.2. NOW accounts in the Chicago{Gary {Kenosha CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 99:2 30:6 14:26 1; 317:43 1; 099:97

Savings associations 100:0 62:5 6:29 403:46 195:58

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

23:2
::: :::

30:8
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

Note. Gary is in Ind., and Kenosha is in Wis. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

42

Annual Report to the Congress

C.2.3. NOW accounts in the Denver {Boulder {Greeley CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 31:1 7:84 647:34 244:63

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: :0 ::: ::: ::: ::: ::: ::: :::::::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::

:::::::::

:::

:::

Note. This CMSA lies entirely within Colo. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

43

C.2.4. NOW accounts in the Los Angeles{Riverside{Orange County CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 37:4 10:37 1; 427:68 516:73

Savings associations 84:8 59:5 6:33 860:06 544:74

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

44:0 8:81
:23

:0

::: :::

:::::

2; 332:75 1; 207:59
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::::::::

:::

:::

Note. This CMSA lies entirely within Calif. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

44

Annual Report to the Congress

C.2.5. NOW accounts in the New York City{Northern New Jersey{ Long Island CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 75:1 32:2 9:47 1; 044:36 627:31

Savings associations 99:1 37:5 7:43 850:42 321:75

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

16:6 9:78
:30

19:8 8:61
:25

:::::

2; 219:88 1; 540:09
:0

1; 168:16 149:07 6:4
:::

:::::::::

No-fee account

Percent o ering Minimum balance to open

:::::

:::::::::

:::

Note. This CMSA also covers parts of Conn. and Pa. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

45

C.2.6. NOW accounts in the Philadelphia{Wilmington{Atlantic City CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 41:1 7:37 1; 024:19 561:09

Savings associations 86:6 43:6
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

25:8
::: :::

15:7
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

Note. In addition to Wilmington, Del., and Atlantic City, N.J., this CMSA covers parts of Md. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

46

Annual Report to the Congress

C.2.7. NOW accounts in the San Francisco{Oakland{San Jose CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 86:0 56:9 9:75 1; 430:79 1; 063:58

Savings associations 100:0 86:7 8:23 1; 911:99 514:54

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

9:6
::: :::

:0

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

Note. This CMSA lies entirely within Calif. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

47

C.2.8. NOW accounts in the Seattle {Tacoma{Bremerton CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 68:9 8:45 1; 000:00 85:89

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

11:7
::: :::

:::

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::

:::::::::

:::

:::

Note. This CMSA lies entirely within Wash. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

48

Annual Report to the Congress

C.2.9. NOW accounts in the Washington{Baltimore CMSA, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 95:5 45:5 10:18 1; 199:43 610:70

Savings associations 42:0 27:8
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: :0 ::: ::: ::: :::::::

14:2
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

Note. This CMSA also covers parts of Va. and W.Va. 1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

49

C.3.1. Savings accounts in the Chicago{Gary {Kenosha CMSA, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 34:4 1:58 245:95 157:39 9:0
:::

Savings associations 100:0 81:0 2:01 168:67 153:65 4:4
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

67:8 2:06 431:97 168:37 22:4
:::

66:6 2:23 154:34 136:09
:0 :::

No-fee statement savings
Percent o ering Minimum balance to open
::::::::::::: :::
Note. Gary is in Ind., and Kenosha is in Wis. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

. . . Data are insucient to report.

50

Annual Report to the Congress

C.3.2. Savings accounts in the Dallas{Fort Worth CMSA, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 93:0 30:8
:96

Savings associations 100:0
:0 :::

::::::::::::: :::

::::::::::::: :::

132:52 117:08
:0 :::

::: :::

No-fee passbook savings
::::::::::::: ::: :0 :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

90:4 3:42 200:00 220:58
:0 :::

73:5
::: ::: :::

No-fee statement savings
::::::::::::: :::
Note. This CMSA lies entirely within Tex. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

26:5
:::

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

51

C.3.3. Savings accounts in the Denver {Boulder {Greeley CMSA, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 72:6 1:61 90:25 78:03
:0 :::

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open
::::::::::::: ::: ::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

76:9 2:07 109:62 88:46
:0 :::

::: :::

::: :::

No-fee statement savings
::::::::::::: ::: ::: :::
Note. This CMSA lies entirely within Colo. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

. . . Data are insucient to report.

52

Annual Report to the Congress

C.3.4. Savings accounts in the Los Angeles{Riverside{Orange County CMSA, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 97:5 56:3 2:09 317:47 245:78
:0 :::

Savings associations 98:8 51:6 2:29 290:35 172:94 22:8
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

55:0 2:71 482:70 257:81
:0 :::

72:5 2:26 299:50 165:66 6:4
:::

No-fee statement savings
::::::::::::: :::
Note. This CMSA lies entirely within Calif. 1. A monthly fee for balances below the minimum and no monthly fee for balances above the minimum.

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

53

C.3.5. Savings accounts in the New York City{Northern New Jersey{ Long Island CMSA, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 82:9 46:7 2:05 171:39 146:92 4:6
:::

Savings associations 100:0 65:3 2:84 295:56 175:67 33:6 72:23 63:7 2:83 322:58 182:28 13:9
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

65:1 2:62 795:72 694:02 4:6
:::

No-fee statement savings
::::::::::::: :::
Note. This CMSA also covers parts of Conn. and Pa. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

. . . Data are insucient to report.

54

Annual Report to the Congress

C.3.6. Savings accounts in the Philadelphia{Wilmington{Atlantic City CMSA, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 32:3 2:02 154:16 62:07
:0 :::

Savings associations 80:8 24:4 1:87 159:24 129:40 56:4 199:83 26:4 1:69 216:21 184:87 13:3
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

100:0 4:94 457:10 412:11
:0 :::

No-fee statement savings
::::::::::::: :::
Note. In addition to Wilmington, Del., and Atlantic City, N.J., this CMSA covers parts of Md. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

55

C.3.7. Savings accounts in the San Francisco{Oakland{San Jose CMSA, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 60:4 1:71 386:80 306:46
:0 :::

Savings associations 100:0 47:9 2:72 400:64 121:15 10:7
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

32:8 1:61 533:88 232:38 10:7
:::

89:3 3:30 341:92 77:32 10:7
:::

No-fee statement savings
Percent o ering Minimum balance to open
::::::::::::: :::
Note. This CMSA lies entirely within Calif. 1. A monthly fee for balances below the minimum and no fee for balances above the minimum.

. . . Data are insucient to report.

56

Annual Report to the Congress

C.4.1. Special fees in the Boston {Worcester {Lawrence CMSA, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 87:0 16:96 100:0 19:15 100:0 19:15 83:6 5:33

Savings associations 100:0 13:22 100:0 16:12 100:0 16:19 100:0 6:43

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Note. In addition to Worcester 2. Checks written against insufand Lawrence, Mass., this CMSA cient funds but honored by the covers parts of Maine, N.H., and institution. Conn. 1. NSF|Not sucient funds.

Retail Fees and Services of Depository Institutions

57

C.4.2. Special fees in the Chicago{Gary {Kenosha CMSA, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 18:46 100:0 21:43 100:0 21:43 76:0 6:98

Savings associations 100:0 16:41 100:0 18:14 100:0 18:74 95:2 8:33

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::
Note. Gary is in Ind., and Kenosha is in Wis. 1. NSF|Not sucient funds.

2. Checks written against insuf cient funds but honored by the institution.

58

Annual Report to the Congress

C.4.3. Special fees in the Dallas{Fort Worth CMSA, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 17:29 100:0 19:36 100:0 19:36 100:0 3:81

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::
Note. This CMSA lies entirely within Tex. 1. NSF|Not sucient funds.

::: :::

2. Checks written against insuf cient funds but honored by the institution. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

59

C.4.4. Special fees in the Denver {Boulder {Greeley CMSA, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 84:4 17:84 100:0 17:10 100:0 17:10 95:1 3:60

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::
Note. This CMSA lies entirely within Colo. 1. NSF|Not sucient funds.

::: :::

2. Checks written against insuf cient funds but honored by the institution. . . . Data are insucient to report.

60

Annual Report to the Congress

C.4.5. Special fees in the Los Angeles{Riverside{Orange County CMSA, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 10:69 100:0 15:35 100:0 15:35 100:0 5:24

Savings associations 100:0 11:02 93:6 13:46 93:6 12:74 93:6 6:71

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::
Note. This CMSA lies entirely within Calif. 1. NSF|Not sucient funds.

2. Checks written against insuf cient funds but honored by the institution.

Retail Fees and Services of Depository Institutions

61

C.4.6. Special fees in the New York City{Northern New Jersey{ Long Island CMSA, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 98:7 14:09 100:0 17:07 100:0 17:70 88:6 10:09

Savings associations 100:0 14:39 100:0 18:87 100:0 18:79 98:9 11:97

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::
Note. This CMSA also covers parts of Conn. and Pa. 1. NSF|Not sucient funds.

2. Checks written against insuf cient funds but honored by the institution.

62

Annual Report to the Congress

C.4.7. Special fees in the Philadelphia{Wilmington{Atlantic City CMSA, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 15:03 100:0 25:38 100:0 25:53 95:7 6:36

Savings associations 100:0 12:29 100:0 22:43 100:0 22:43 80:9 10:25

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Note. In addition to Wilming2. Checks written against insufton, Del., and Atlantic City, N.J., cient funds but honored by the this CMSA covers parts of Md. institution. 1. NSF|Not sucient funds.

Retail Fees and Services of Depository Institutions

63

C.4.8. Special fees in the San Francisco{Oakland{San Jose CMSA, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 10:46 100:0 14:61 100:0 14:61 100:0 6:47

Savings associations 100:0 9:55 100:0 11:86 100:0 11:41 91:0 6:14

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::
Note. This CMSA lies entirely within Calif. 1. NSF|Not sucient funds.

2. Checks written against insuf cient funds but honored by the institution.

64

Annual Report to the Congress

C.5.1. Automated teller machines in the Boston {Worcester {Lawrence CMSA, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 100:0 16:3
:::

Savings associations 83:4
:0 :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

29:3
:::

7:3
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 :::

2:6
::: :0 :::

::::::::::::

:::

:0 :::

::::::::::::

:::

13:0
:::

2:6
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

87:0 1:04 45:8
:::

74:2
:88

:::

54:0
:91

::::::::::::

:::

::::::::::::

66:2 1:07

66:9 1:06

Note. In addition to Worcester Transactions in which the maand Lawrence, Mass., this CMSA chine used is that of the cuscovers parts of Maine, N.H., and tomer's institution are called \on Conn. us." . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

65

C.5.2. Automated teller machines in the Chicago{Gary {Kenosha CMSA, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 100:0
:0 :::

Savings associations 85:6 5:6
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

20:1
:::

:0 :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

8:0
::: :0 :::

6:6
::: :0 :::

::::::::::::

:::

::::::::::::

:::

4:0
:::

:0 :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

73:1 1:23 56:9 1:18 63:8 1:25

100:0 1:06 56:9
:::

:::

::::::::::::

:::

93:6
:96

::::::::::::

Note. Gary is in Ind., and . . . Data are insucient to reKenosha is in Wis. port. Transactions in which the machine used is that of the customer's institution are called \on us."

66

Annual Report to the Congress

C.5.3. Automated teller machines in the Dallas{Fort Worth CMSA, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 56:9 3:4
:::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

9:4
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

3:4
:::

::: :::

::::::::::::

:::

3:4
:::

::: :::

::::::::::::

:::

3:4
:::

::: :::

::::::::::::

Fee for transactions on others
:::

100:0
:99

::: :::

::::::::::::

:::

68:8
:::

::: :::

::::::::::::

:::

100:0
:92

::: :::

::::::::::::

Note. This CMSA lies entirely . . . Data are insucient to rewithin Tex. port. Transactions in which the machine used is that of the customer's institution are called \on us."

Retail Fees and Services of Depository Institutions

67

C.5.4. Automated teller machines in the Denver {Boulder {Greeley CMSA, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 84:4 70:3 9:37
:0 :::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

94:4 1:11 59:5
:::

::: :::

:::

::: :::

::::::::::::

:::

::::::::::::

82:3 1:07

::: :::

Note. This CMSA lies entirely . . . Data are insucient to rewithin Colo. port. Transactions in which the machine used is that of the customer's institution are called \on us."

68

Annual Report to the Congress

C.5.5. Automated teller machines in the Los Angeles{Riverside{Orange County CMSA, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 95:0
:0 :::

Savings associations 77:2
:0 :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

5:0
:::

7:4
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

8:0
:::

19:2
:::

::::::::::::

:::

5:9
:::

19:2
:::

::::::::::::

:::

8:0
:::

19:2
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

61:3 1:12
::: :::

100:0 1:22
::: :::

:::

::::::::::::

:::

::::::::::::

58:1 1:07

100:0 1:21

Note. This CMSA lies entirely . . . Data are insucient to rewithin Calif. port. Transactions in which the machine used is that of the customer's institution are called \on us."

Retail Fees and Services of Depository Institutions

69

C.5.6. Automated teller machines in the New York City{Northern New Jersey{ Long Island CMSA, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 51:1 13:8
:::

Savings associations 97:9 9:0
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

3:5
:::

6:1
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

8:6
:::

:0 :::

::::::::::::

:::

5:6
:::

:0 :::

::::::::::::

:::

6:2
:::

:0 :::

::::::::::::

Fee for transactions on others
:::

79:9
:78

68:2
:84

::::::::::::

:::

71:7
:68

::::::::::::

84:9 1:89 66:9
:80

:::

61:1
:73

::::::::::::

Note. This CMSA alco covers . . . Data are insucient to reparts of Conn. and Pa. port. Transactions in which the machine used is that of the customer's institution are called \on us."

70

Annual Report to the Congress

C.5.7. Automated teller machines in the Philadelphia{Wilmington{Atlantic City CMSA, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 94:5 25:4
:::

Savings associations 49:1 47:5
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

15:7
:::

20:3
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: :0 ::: ::::::::::::

:::

:0 :::

:0 :::

::::::::::::

:::

:0 :::

:0 :::

::::::::::::

Fee for transactions on others
:::

66:2
:::

59:3
:::

::::::::::::

:::

51:9
:::

59:3
:::

::::::::::::

:::

59:6
:::

38:9
:::

::::::::::::

Note. In addition to WilmingTransactions in which the maton, Del., and Atlantic City, N.J., chine used is that of the custhis CMSA covers parts of Md. tomer's institution are called \on us." . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

71

C.5.8. Automated teller machines in the San Francisco{Oakland{San Jose CMSA, 1996
Dollars except as noted

Percent o ering Annual fee
Percent charging Average

Service availability and fee averages
:::

Banks 68:7 2:2
:::

Savings associations 58:6
:0 :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

:0 :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: :0 ::: ::::::::::::

:::

:0 :::

:0 :::

::::::::::::

:::

:0 :::

:0 :::

::::::::::::

Fee for transactions on others
:::

24:7
::: ::: :::

86:4
::: ::: :::

::::::::::::

:::

::::::::::::

:::

24:7
:::

72:2
:::

::::::::::::

Note. This CMSA lies entirely . . . Data are insucient to rewithin Calif. port. Transactions in which the machine used is that of the customer's institution are called \on us."

72

Annual Report to the Congress

Appendix D: Results by State
D.1.1. Noninterest checking in Alabama, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 96:8 14:0
::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

36:5
::: ::: ::: :::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

2:3
:::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

73

D.1.2. Noninterest checking in Arizona, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 98:8 60:4 6:51 408:45 142:54 26:1 3:97 85:7 133:02
:0 ::: :::

Savings associations 88:3 10:1
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

10:1
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

23:5
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

74

Annual Report to the Congress

D.1.3. Noninterest checking in California, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 99:1 56:7 8:11 821:54 247:25 33:8 6:05 36:6 243:29
:0 ::: :62

Savings associations 64:6 37:0 6:76 690:64 279:24 9:7
::: ::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

12:0
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

75

D.1.4. Noninterest checking in Colorado, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 95:9 40:3 5:46 453:71 138:05 13:0 6:66 19:3 71:70 11:9
::: :::

Savings associations 27:6 27:6
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

:0 :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

76

Annual Report to the Congress

D.1.5. Noninterest checking in Florida, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 58:9 11:96 666:95 159:11 40:2 6:18 50:0 76:06
:0 ::: :38

Savings associations 52:3 29:0
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

16:7
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

5:3
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

77

D.1.6. Noninterest checking in Georgia, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 9:6
::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

67:0 6:20 34:8 116:01 16:4
::: :::

::: :::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

78

Annual Report to the Congress

D.1.7. Noninterest checking in Iowa, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 26:4
::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

8:1
::: ::: ::: :::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

1:5
:::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

79

D.1.8. Noninterest checking in Illinois, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 93:9 33:1 5:45 267:91 90:08 34:4 5:00 39:2 55:01 13:1
::: :31

Savings associations 69:2 26:9
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

29:0
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

5:1
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

80

Annual Report to the Congress

D.1.9. Noninterest checking in Indiana, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 40:6
::: ::: :::

Savings associations 56:5 28:3
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

78:8 4:85 44:6 64:16
:0 ::: :40

13:0
::: ::: ::: :::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

15:2
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

81

D.1.10. Noninterest checking in Kansas, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 94:1 32:0 5:79 440:39 42:70 55:7 4:52 48:8 49:98 1:2
::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

82

Annual Report to the Congress

D.1.11. Noninterest checking in Kentucky, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 51:8 6:82 515:91 75:76 46:1 7:23 11:0 56:45
:0 ::: :::

Savings associations 79:0 41:7
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

31:0
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

83

D.1.12. Noninterest checking in Louisiana, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 94:8 17:4
::: ::: :::

Savings associations 30:8 18:3
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

5:5
::: ::: ::: :::

12:1
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

2:0
:::

:0 :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

84

Annual Report to the Congress

D.1.13. Noninterest checking in Massachusetts, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 91:3 66:0
::: ::: :::

Savings associations 71:6 5:7
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

58:6 4:09 85:3 45:66
:0 ::: :::

36:1 3:32 82:6 24:48 23:5
::: :48

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

85

D.1.14. Noninterest checking in Maryland, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 31:7 8:32 716:41 110:41 47:5
::: ::: ::: :::

Savings associations 32:8

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

:0 :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

:0 :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

:0 :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

86

Annual Report to the Congress

D.1.15. Noninterest checking in Minnesota, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 19:8
::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

27:5
::: ::: ::: :::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

4:8
:::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

87

D.1.16. Noninterest checking in Missouri, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 13:9 5:49 491:65 86:54 27:1 5:60 30:3 26:94 7:3
::: :::

Savings associations 79:0 33:5
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

14:3
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

88

Annual Report to the Congress

D.1.17. Noninterest checking in Mississippi, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 29:2
::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

45:4
::: ::: ::: :::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

89

D.1.18. Noninterest checking in Montana, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 85:6 19:2
::: ::: :::

Savings associations 83:2 16:0
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

48:1
::: ::: ::: :::

50:3
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

14:5
:::

:0 :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

90

Annual Report to the Congress

D.1.19. Noninterest checking in Nebraska, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 36:6 6:11 316:44 85:54 45:3
::: ::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

2:0
:::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

91

D.1.20. Noninterest checking in New Jersey, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 47:8 7:26 629:28 283:51 36:5 3:65 63:8 73:56 24:2
::: :43

Savings associations 82:3 30:0 5:57 403:89 68:03 48:0 3:01 66:9 77:48 9:3
::: :36

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

92

Annual Report to the Congress

D.1.21. Noninterest checking in New Mexico, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 95:8 5:72 435:43 75:02 22:7
::: ::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

93

D.1.22. Noninterest checking in New York, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 76:9 34:5 7:35 719:54 502:14 43:9 4:61 50:3 8:66
:0 ::: :40

Savings associations 85:2 37:7 5:36 743:63 227:69 32:3 3:22 81:1 28:63 26:8
::: :52

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

94

Annual Report to the Congress

D.1.23. Noninterest checking in Ohio, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 98:7 27:2 5:74 459:77 258:80 38:5 4:49 65:1 12:65 4:2
::: :44

Savings associations 55:6 22:8
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

22:4
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

5:2
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

95

D.1.24. Noninterest checking in Oklahoma, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 20:2 5:83 538:69 100:02 44:4 6:32 54:2 114:96 12:0
::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

96

Annual Report to the Congress

D.1.25. Noninterest checking in Pennsylvania, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 74:2 4:76 290:70 117:50 33:3 3:48 61:8 34:47 3:2
::: :45

Savings associations 50:6 10:8
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

25:6 3:75 52:0 23:72 16:3
::: :::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

97

D.1.26. Noninterest checking in South Dakota, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 29:4
::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

3:1
::: ::: ::: :::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

52:6
:::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

98

Annual Report to the Congress

D.1.27. Noninterest checking in Tennessee, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 28:0 7:62 672:77 80:71 51:3 6:36 53:2 94:94
:0 ::: :::

Savings associations 70:7 44:7
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

:0 :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

13:0
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

99

D.1.28. Noninterest checking in Texas, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 20:6 7:84 652:14 172:34 25:7 4:32 88:8 127:26 1:4
::: :37

Savings associations 63:3 17:9
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

36:0
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

:0 :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

100

Annual Report to the Congress

D.1.29. Noninterest checking in Virginia, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 45:2 5:59 497:19 62:71 18:2
::: ::: ::: :::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::: :::

::::::::::

::: :::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::: :::

::::::::::::::

:::::::

::: ::: :::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

26:8
:::

::: :::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

101

D.1.30. Noninterest checking in Washington state, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 71:0 4:61 416:79 132:48 25:2
::: ::: ::: :::

Savings associations 69:9 19:5
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

39:8
::: ::: ::: :::

::::::::::::::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

16:5
:::

40:7
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

102

Annual Report to the Congress

D.1.31. Noninterest checking in Wisconsin, 1996
Dollars except as noted

Percent o ering Single-balance, single-fee account1

Service availability and fee averages

:::::::

Banks 100:0 18:1
::: ::: :::

Savings associations 86:6 8:3
::: ::: :::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

::::::::::

::::::::::

Fee-only checking2

Percent o ering Monthly fee Check charge Percent charging Average Minimum balance to open

::::::::::

::::::::::::::

30:0 3:43 22:3 19:24 14:4
::: :::

31:0
::: ::: ::: :::

:::::::

:::::::::::::::

Free checking3

Percent o ering Minimum balance to open

::::::::::

14:4
:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges. 2. A monthly fee, no minimum balance to eliminate the fee, and a charge per check in some cases.

3. No monthly fee or per-check fee, although a charge may be imposed for check printing. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

103

D.2.1. NOW accounts in Alabama, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 77:0 9:04 1; 213:60 1; 051:07

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

11:3
::: :::

:::

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

104

Annual Report to the Congress

D.2.2. NOW accounts in Arkansas, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 55:4 9:95 1; 069:21 574:53

Savings associations 100:0 66:5 5:50 647:08 298:54

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

21:0
::: :::

:0

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

105

D.2.3. NOW accounts in California, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 97:2 45:2 9:60 1; 451:03 618:92

Savings associations 87:9 63:4 7:12 1; 251:11 563:05

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

28:4 8:47
:22

:0

::: :::

:::::

1; 911:64 914:25
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

106

Annual Report to the Congress

D.2.4. NOW accounts in Colorado, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 95:7 36:0 7:44 824:66 651:90

Savings associations 72:9 27:6
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

21:2 5:85
:15

:0

::: :::

:::::

785:16 674:21
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

107

D.2.5. NOW accounts in Florida, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 97:7 57:6 14:02 1; 313:58 190:57

Savings associations 88:2 69:8 8:73 968:81 560:47

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

5:8
::: :::

:0

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

108

Annual Report to the Congress

D.2.6. NOW accounts in Georgia, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 96:6 25:9 7:22 1; 351:55 596:58

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

67:2 5:47
:24

:::

::: :::

:::::

954:64 359:96
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

109

D.2.7. NOW accounts in Iowa, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 34:8 7:60 920:28 471:47

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

38:8 4:49
:32

:::

::: :::

:::::

1; 198:23 834:80
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

110

Annual Report to the Congress

D.2.8. NOW accounts in Illinois, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 99:1 39:9 8:17 1; 113:03 621:27

Savings associations 89:8 54:9 6:41 610:80 199:36

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

18:2 5:39
:15

:0

::: :::

:::::

904:05 736:93
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

111

D.2.9. NOW accounts in Indiana, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 97:0 64:8 6:08 1; 115:20 312:91

Savings associations 100:0 74:0 6:24 335:20 138:20

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

7:4
::: :::

13:0
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

112

Annual Report to the Congress

D.2.10. NOW accounts in Kansas, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 94:1 18:7
:::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::

:::::::::

:::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

33:1 6:10
:16

:::

::: :::

:::::

970:92 833:58
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

113

D.2.11. NOW accounts in Kentucky, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 69:5 9:13 1; 000:00 584:00

Savings associations 79:0 58:1 7:07 923:07 568:94

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

13:3
::: :::

:0

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

114

Annual Report to the Congress

D.2.12. NOW accounts in Louisiana, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 94:8 42:2 8:98 1; 649:91 1; 227:24

Savings associations 81:3 43:8 8:49 837:22 547:52

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

33:2
::: :::

18:7
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

115

D.2.13. NOW accounts in Massachusetts, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 8:6
:::

Savings associations 95:6 33:2 6:08 1; 095:17 194:56

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

37:6
::: :::

20:8
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

5:7
:::

:::::::::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

116

Annual Report to the Congress

D.2.14. NOW accounts in Maryland, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 44:8 10:02 1; 336:91 383:91

Savings associations 49:1 32:8
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: :0 ::: ::: ::: :::::::

16:3
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

117

D.2.15. NOW accounts in Minnesota, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 74:4 8:91 841:34 401:76

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

15:4 6:64
:15

:::

::: :::

:::::

918:76 473:40
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

118

Annual Report to the Congress

D.2.16. NOW accounts in Missouri, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 21:5 7:36 998:60 495:08

Savings associations 79:0 31:1
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

21:3
::: :::

:0

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

119

D.2.17. NOW accounts in Mississippi, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 86:9 58:5 6:89 1; 114:21 1; 031:89

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

2:8
::: :::

:::

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

120

Annual Report to the Congress

D.2.18. NOW accounts in Montana, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 29:8
:::

Savings associations 100:0 84:0 7:69 463:83 162:11

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

70:2 6:80
:22

16:0
::: :::

:::::

950:72 905:79
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

121

D.2.19. NOW accounts in Nebraska, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 13:1
:::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::

:::::::::

:::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

2:0
::: :::

:::

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

2:0
:::

:::

:::::::::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

122

Annual Report to the Congress

D.2.20. NOW accounts in New Jersey, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 91:9 47:8 8:80 1; 036:66 601:16

Savings associations 100:0 43:3 5:84 393:49 149:77

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

12:1
::: :::

:0

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

8:4
:::

:::::::::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

123

D.2.21. NOW accounts in New Mexico, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 29:8
:::

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::

:::::::::

:::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

43:8 5:89
:28

:::

::: :::

:::::

549:65 100:00
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

124

Annual Report to the Congress

D.2.22. NOW accounts in New York, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 62:7 16:1 8:61 1; 157:61 663:54

Savings associations 98:7 47:0 6:80 856:60 372:63

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

36:5 8:54
:27

14:8
::: :::

:::::

2; 140:50 1; 295:77
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

125

D.2.23. NOW accounts in Ohio, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 95:6 37:1 9:38 1; 445:93 916:54

Savings associations 89:2 50:2 5:55 518:59 276:65

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: :0 ::: ::: ::: :::::::

33:9 7:55
:19

:::::

:::

578:43 280:84
:0

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

126

Annual Report to the Congress

D.2.24. NOW accounts in Oklahoma, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 26:5 6:24 1; 786:18 1; 401:76

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

30:9 7:19
:14

:::

::: :::

:::::

1; 377:29 942:25
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

127

D.2.25. NOW accounts in Pennsylvania, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 50:0 6:00 1; 218:93 469:46

Savings associations 61:5 15:6
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

9:3
::: :::

18:9
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

128

Annual Report to the Congress

D.2.26. NOW accounts in South Dakota, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 97:7 35:9 9:94 592:57 384:05

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

49:8
::: :::

:::

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

129

D.2.27. NOW accounts in Tennessee, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 99:0 46:8 7:42 1; 216:90 590:73

Savings associations 100:0 58:2
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

32:1
::: :::

28:8
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

130

Annual Report to the Congress

D.2.28. NOW accounts in Texas, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 47:5 7:73 1; 319:64 1; 187:21

Savings associations 72:6 35:3
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

25:6 8:43
:18

9:3
::: :::

:::::

1; 104:67 674:70
:0

:::

:::::::::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

131

D.2.29. NOW accounts in Virginia, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 89:2 39:3 8:26 843:77 502:87

Savings associations
:::

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::

:::

:::::

:::

:::::::::

:::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

2:7
::: :::

:::

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:::

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

132

Annual Report to the Congress

D.2.30. NOW accounts in Washington state, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 100:0 59:7 8:26 1; 000:00 157:41

Savings associations 88:2 77:5 5:11 531:65 482:91

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

9:3
::: :::

:0

::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

133

D.2.31. NOW accounts in Wisconsin, 1996
Dollars except as noted

Percent o ering Single-fee account1
::

Service availability and fee averages

Banks 95:1 67:9 6:47 720:25 659:89

Savings associations 100:0 43:5 5:95 905:74 737:64

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open

:::::

:::

:::::

:::::::::

Single-fee, singlecheck-charge account2
Percent o ering Monthly fee (low balance) Check charge Minimum balance to avoid fee Minimum balance to open
::::: ::: :::::::

19:8
::: :::

26:9
::: :::

:::::

:::

:::

:::::::::

:::

:::

No-fee account

Percent o ering Minimum balance to open

:::::

:0

:0

:::::::::

:::

:::

1. A monthly fee for balances below the minimum, no monthly fee for balances above the minimum, and no other charges.

2. A monthly fee and a check charge for balances below the minimum and no monthly fee or other charges for balances above the minimum. . . . Data are insucient to report.

134

Annual Report to the Congress

D.3.1. Savings accounts in Arkansas, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 33:3 1:16 94:92 97:79 26:7
:::

Savings associations 100:0
:0 :::

::::::::::::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
::::::::::::: :::

73:4
:::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

27:4 1:22 105:22 77:72 17:0
:::

26:6
::: ::: :::

No-fee statement savings
::::::::::::: :::

28:6
:::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

135

D.3.2. Savings accounts in California, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 99:1 64:3 1:76 324:11 202:22 1:9
:::

Savings associations 99:3 49:4 2:38 309:23 151:89 17:4 89:18 77:1 2:52 309:58 131:56 7:3
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

49:1 2:09 395:84 197:03 2:0
:::

No-fee statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

136

Annual Report to the Congress

D.3.3. Savings accounts in Colorado, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 41:6 1:65 86:22 76:50 25:6 67:76 40:6 2:34 127:21 95:26 8:6
:::

Savings associations 100:0 24:1
::: ::: :::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

14:4
:::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

7:4
::: ::: :::

No-fee statement savings
::::::::::::: :::

54:2
:::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

137

D.3.4. Savings accounts in Florida, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 24:0
::: ::: :::

Savings associations 100:0 42:5
::: ::: :::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

20:7
:::

20:8
:::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

66:7 3:95 412:18 199:68 31:3
:::

64:8 2:74 274:71 125:47 20:8
:::

No-fee statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

138

Annual Report to the Congress

D.3.5. Savings accounts in Georgia, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 42:4 2:33 127:22 108:26 16:1
:::

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
::::::::::::: :::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

62:7 2:25 125:48 79:45 8:9
:::

::: :::

::: :::

No-fee statement savings
::::::::::::: :::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

139

D.3.6. Savings accounts in Iowa, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 22:7
:42

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

89:11 36:91 74:4 13:40 14:6 2:14 98:95 98:95 10:2
:::

::: :::

No-fee passbook savings
::::::::::::: :::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

::: :::

::: :::

No-fee statement savings
::::::::::::: :::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

140

Annual Report to the Congress

D.3.7. Savings accounts in Idaho, 1996
Dollars except as noted

Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Percent o ering Simple passbook savings1

Service availability and fee averages

::::::::::

Banks 100:0 21:8
:::

Savings associations
:::

::::::::::::: :::

::: :::

:::

::::::::::::: :::

::: :::

::: :::

No-fee passbook savings
::::::::::::: ::: :0 ::: ::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

56:5 1:49 137:37 108:50 21:7
:::

::: :::

::: :::

No-fee statement savings
::::::::::::: :::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

141

D.3.8. Savings accounts in Illinois, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 37:7 1:35 112:30 65:05 32:5 25:39 31:4 2:40 259:04 113:35 9:2
:::

Savings associations 100:0 63:5 1:66 146:22 151:12 29:2 33:34 41:2 2:62 141:80 146:00 11:1
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

No-fee statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

142

Annual Report to the Congress

D.3.9. Savings accounts in Indiana, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 35:4 1:39 150:81 40:91 30:2
:::

Savings associations 100:0 21:7
::: ::: :::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

49:1 36:38 36:3
::: ::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

43:6 1:77 149:99 89:01 5:0
:::

No-fee statement savings
::::::::::::: :::

57:1 37:57

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

143

D.3.10. Savings accounts in Kansas, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 49:4 2:81 221:59 50:66 40:6 25:56 16:9
::: ::: :::

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
::::::::::::: :::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

::: :::

::: :::

No-fee statement savings
::::::::::::: ::: :5 ::: ::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

144

Annual Report to the Congress

D.3.11. Savings accounts in Kentucky, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 96:9 46:0 1:64 146:75 134:50 17:5
:::

Savings associations 100:0 26:4
::: ::: :::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

54:1 29:26 39:0
::: ::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

46:8 2:82 199:47 194:75 19:4
:::

No-fee statement savings
::::::::::::: :::

6:9
:::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

145

D.3.12. Savings accounts in Louisiana, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 42:4
::: ::: :::

Savings associations 100:0 35:1
::: ::: :::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

18:2
:::

55:2 81:45 29:1
::: ::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

52:8 1:63 265:35 73:97 13:7
:::

No-fee statement savings
::::::::::::: :::

24:9
:::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

146

Annual Report to the Congress

D.3.13. Savings accounts in Massachusetts, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 83:1 21:9
::: ::: :::

Savings associations 100:0 50:8 1:25 223:03 75:50 49:2 18:90 50:8 1:62 205:40 57:86 20:5 10:00

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

17:4
:::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

48:2 1:91 190:47 105:62 34:9
:::

No-fee statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

147

D.3.14. Savings accounts in Minnesota, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 34:6 1:11 65:32 65:32 57:8 16:63 10:2 2:75 97:43 97:43 15:4
:::

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
::::::::::::: :::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

::: :::

::: :::

No-fee statement savings
::::::::::::: :::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

148

Annual Report to the Congress

D.3.15. Savings accounts in Missouri, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 48:7 1:14 150:53 92:52
:5 :::

Savings associations 100:0 8:7
::: ::: :::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

72:1 59:65 19:2
::: ::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

74:0 1:46 130:98 86:87 17:0
:::

No-fee statement savings
::::::::::::: :::

50:2
:::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

149

D.3.16. Savings accounts in Montana, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 24:3
::: ::: :::

Savings associations 100:0 46:8
::: ::: :::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: ::: :0 :::

12:7
:::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

56:4 1:38 100:00 81:21 22:0
:::

87:3
::: ::: :::

No-fee statement savings
::::::::::::: :::

:0 :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

150

Annual Report to the Congress

D.3.17. Savings accounts in Nebraska, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 32:9
:86

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

57:45 57:45 41:5 41:17 25:9
:98

::: :::

No-fee passbook savings
::::::::::::: :::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

::: :::

157:53 95:64 18:0
:::

::: :::

No-fee statement savings
::::::::::::: :::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

151

D.3.18. Savings accounts in New Jersey, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 51:3 1:70 120:21 112:71
:0 :::

Savings associations 100:0 43:2 2:19 218:69 203:99 56:8 37:06 51:3 2:21 200:02 187:63 10:3
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

100:0 2:36 659:66 571:25
:0 :::

No-fee statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

152

Annual Report to the Congress

D.3.19. Savings accounts in New Mexico, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 45:3
::: ::: :::

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
::::::::::::: ::: :0 ::: ::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

73:7 1:87 111:34 75:10 20:8
:::

::: :::

::: :::

No-fee statement savings
::::::::::::: :::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

153

D.3.20. Savings accounts in New York, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 84:9 32:2 2:12 238:43 174:98 26:4 369:43 41:0 2:63 406:54 314:98 28:6 113:80

Savings associations 100:0 63:5 2:81 288:69 160:70 34:7 90:52 58:5 3:11 345:44 192:48 23:5
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

No-fee statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

154

Annual Report to the Congress

D.3.21. Savings accounts in Ohio, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 27:2
::: ::: :::

Savings associations 100:0 46:4 1:65 83:19 47:41 53:6 11:63 33:2
::: ::: :::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

44:5
:::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

48:4 1:58 137:67 104:21 9:1
:::

No-fee statement savings
::::::::::::: :::

29:4 13:05

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

155

D.3.22. Savings accounts in Oklahoma, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 19:8 1:23 73:04 73:04 37:6 46:75 42:7 1:66 63:01 70:11 25:3 73:96

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
::::::::::::: :::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

::: :::

::: :::

No-fee statement savings
::::::::::::: :::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

156

Annual Report to the Congress

D.3.23. Savings accounts in Pennsylvania, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 52:5 1:72 114:12 76:94 26:6 31:86 66:3 2:56 240:18 207:37 20:9 61:77

Savings associations 88:9 22:4 2:25 95:62 71:38 63:8 154:59 18:6 1:95 145:35 105:79 13:3
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

No-fee statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

157

D.3.24. Savings accounts in South Dakota, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 4:2
::: ::: :::

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
::::::::::::: :::

62:2 14:54 7:3
::: ::: :::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

::: :::

::: :::

No-fee statement savings
::::::::::::: :::

32:1
:::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

158

Annual Report to the Congress

D.3.25. Savings accounts in Tennessee, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 35:1
:82

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

104:80 50:80 15:2
:::

::: :::

No-fee passbook savings
::::::::::::: :::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

35:1 1:19 424:52 53:14 18:9
:::

::: :::

::: :::

No-fee statement savings
::::::::::::: :::

::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

159

D.3.26. Savings accounts in Texas, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 98:7 40:7 1:17 145:72 119:22 9:7
:::

Savings associations 100:0 23:8 2:11 105:83 68:61 9:7
:::

::::::::::::: :::

::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

74:4 2:19 165:91 126:11 4:0
:::

56:5 2:68 259:38 115:30 26:3 109:87

No-fee statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

160

Annual Report to the Congress

D.3.27. Savings accounts in Virginia, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 3:0
::: ::: :::

Savings associations
:::

::::::::::::: :::

::: :::

::::::::::::: :::

::: :::

No-fee passbook savings
::::::::::::: :::

14:4
:::

::: :::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

82:6 1:47 125:65 57:07
:0 :::

::: :::

::: :::

No-fee statement savings
::::::::::::: ::: ::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

161

D.3.28. Savings accounts in Washington state, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

:::::::::::

Banks 100:0 55:7
::: ::: :::

Savings associations 100:0 63:0 1:81 103:23 103:23 37:0
:::

::::::::::::: :::

:::::::::::::: :::

No-fee passbook savings
::::::::::::: :::

17:0
:::

Simple Statement savings1
::::::::::::: ::: :::::::::::::: :::

65:9 1:54 134:64 115:20 17:0
:::

61:1 1:84 104:86 104:86 13:2
:::

No-fee Statement savings
::::::::::::: :::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

162

Annual Report to the Congress

D.3.29. Savings accounts in Wisconsin, 1996
Dollars except as noted

Percent o ering Simple passbook savings1
Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open Percent o ering Monthly fee (low balance) Minimum balance to avoid fee Minimum balance to open Percent o ering Minimum balance to open

Service availability and fee averages

::::::::::

Banks 100:0 60:6
:71

Savings associations 100:0 50:3
::: ::: :::

::::::::::::: :::

::::::::::::: :::

46:61 32:74 16:8
:::

No-fee passbook savings
::::::::::::: :::

49:7
:::

Simple statement savings1
::::::::::::: ::: ::::::::::::: :::

31:7
:79

50:3
::: ::: :::

54:44 51:04 23:6
:::

No-fee statement savings
::::::::::::: :::

28:8
:::

1. A monthly fee for balances . . . Data are insucient to rebelow the minimum and no fee for port. balances above the minimum.

Retail Fees and Services of Depository Institutions

163

D.4.1. Special fees in Alabama, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 13:75 100:0 17:68 100:0 16:97

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 71:8 Average 2:36 1. NSF|Not sucient funds. ... Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

164

Annual Report to the Congress
Dollars except as noted

D.4.2. Special fees in Arkansas, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 13:86 100:0 15:37 100:0 16:02

Savings associations 100:0 15:21 100:0 17:00 100:0 17:00

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 24:2 79:9 7:85 Average 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
:::

D.4.3. Special fees in California, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 11:15 100:0 15:08 100:0 14:94

Savings associations 100:0 10:50 96:8 12:88 96:8 12:37

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 93:9 93:5 Average 5:22 6:78 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.

Retail Fees and Services of Depository Institutions

165

D.4.4. Special fees in Colorado, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 95:4 14:78 100:0 15:55 100:0 15:79

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 56:9 5:21 Average 1. NSF|Not sucient funds. ... Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

D.4.5. Special fees in Florida, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 22:55 100:0 25:14 100:0 24:62

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 70:8 Average 6:19 1. NSF|Not sucient funds. ... Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

166

Annual Report to the Congress
Dollars except as noted

D.4.6. Special fees in Georgia, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 19:31 100:0 21:06 100:0 21:19

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 51:1 6:55 Average 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

D.4.7. Special fees in Iowa, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 10:46 100:0 12:46 100:0 14:43

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 52:5 Average 5:33 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

Retail Fees and Services of Depository Institutions

167

D.4.8. Special fees in Illinois, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 12:49 100:0 15:28 100:0 15:13 27:4 5:93

Savings associations 100:0 13:74 100:0 16:37 100:0 16:70 54:3 8:51

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

D.4.9. Special fees in Indiana, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 15:34 100:0 18:41 100:0 18:44

Savings associations 100:0 13:27 100:0 16:23 100:0 16:23

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 82:7 58:1 Average 3:36 1. NSF|Not sucient funds. ... Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
:::

168

Annual Report to the Congress
Dollars except as noted

D.4.10. Special fees in Kansas, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 10:91 100:0 13:06 100:0 12:36

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 78:9 7:15 Average 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

D.4.11. Special fees in Kentucky, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 13:01 100:0 18:69 100:0 18:69

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 93:2 Average 2:97 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

Retail Fees and Services of Depository Institutions

169

D.4.12. Special fees in Louisiana, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 12:91 100:0 16:12 100:0 16:12 51:9 1:70

Savings associations 100:0 13:67 100:0 16:10 100:0 14:86 74:9 7:99

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

D.4.13. Special fees in Massachussets, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 87:4 16:90 100:0 18:65 100:0 18:65 84:1 5:32

Savings associations 100:0 12:68 100:0 15:41 100:0 15:60 95:6 6:02

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

170

Annual Report to the Congress
Dollars except as noted

D.4.14. Special fees in Minnesota, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 12:01 100:0 13:61 100:0 13:20

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 54:6 4:05 Average 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

D.4.15. Special fees in Missouri, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 94:6 11:29 100:0 13:28 100:0 13:28

Savings associations 100:0 10:00 100:0 13:94 100:0 14:85

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 60:0 57:5 Average 2:81 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
:::

Retail Fees and Services of Depository Institutions

171

D.4.16. Special fees in Mississippi, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 14:38 100:0 15:60 100:0 16:87

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 59:8 Average 1. NSF|Not sucient funds. ... Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: ::: :::

D.4.17. Special fees in Montana, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 10:09 100:0 13:14 100:0 12:82

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 22:4 Average 1. NSF|Not sucient funds. ... Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: ::: :::

172

Annual Report to the Congress

D.4.18. Special fees in Nebraska, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 9:19 100:0 11:58 100:0 11:94

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 45:3 Average 6:67 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

Retail Fees and Services of Depository Institutions

173

D.4.19. Special fees in New Jersey, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 14:75 100:0 21:73 100:0 21:73 82:9 8:90

Savings associations 100:0 15:27 100:0 22:56 100:0 22:56 100:0 12:58

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.
Dollars except as noted

D.4.20. Special fees in New York, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 98:8 13:44 100:0 13:99 100:0 15:03 98:8 9:07

Savings associations 100:0 11:65 100:0 15:59 100:0 14:80 98:5 9:00

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

174

Annual Report to the Congress

D.4.21. Special fees in Ohio, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 14:17 100:0 18:09 100:0 18:09 62:0 12:57

Savings associations 100:0 14:66 100:0 17:75 100:0 16:92 87:9 9:97

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.
Dollars except as noted

D.4.22. Special fees in Oklahoma, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 12:31 100:0 14:04 100:0 14:73

Savings associations 100:0 13:90 100:0 15:00 100:0 15:00

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 43:4 79:8 Average 2:11 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
:::

Retail Fees and Services of Depository Institutions

175

D.4.23. Special fees in Pennsylvania, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 96:8 13:91 100:0 22:22 100:0 22:30 79:8 6:38

Savings associations 100:0 15:96 100:0 23:17 100:0 23:17 91:6 9:59

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.
Dollars except as noted

D.4.24. Special fees in Tennessee, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 14:17 100:0 16:55 100:0 16:55

Savings associations 100:0 14:21 100:0 17:68 100:0 17:68

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 21:7 87:0 Average 1. NSF|Not sucient funds. ... Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

176

Annual Report to the Congress

D.4.25. Special fees in Texas, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 16:29 100:0 18:96 100:0 18:05 67:0 4:34

Savings associations 100:0 17:33 100:0 19:18 100:0 18:74 93:1 5:19

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.
Dollars except as noted

D.4.26. Special fees in Virginia, 1996 Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 19:08 100:0 22:66 100:0 23:51

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 83:4 Average 4:87 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

Retail Fees and Services of Depository Institutions

177

D.4.27. Special fees in Washington state, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 13:04 100:0 15:11 100:0 15:11

Savings associations 100:0 13:39 100:0 14:02 100:0 14:02

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 44:2 62:9 Average 7:95 1. NSF|Not sucient funds. ... Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
:::

D.4.28. Special fees in Wisconsin, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 11:40 100:0 13:64 100:0 13:67 76:7 5:79

Savings associations 100:0 11:24 100:0 15:11 100:0 15:44 55:0 8:22

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

:::::::::::::::::

:::::::::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging Average 1. NSF|Not sucient funds. 2. Checks written against insucient funds but honored by the institution.

178

Annual Report to the Congress

D.4.29. Special fees in West Virginia, 1996
Dollars except as noted

Stop-payment orders
Percent charging Average
::::::::: :::::::::::::::::

Fee averages

Banks 100:0 15:27 100:0 18:23 100:0 18:60

Savings associations
::: :::

NSF checks1 Overdrafts2

Percent charging Average Percent charging Average

:::::::::

::: :::

:::::::::::::::::

:::::::::

::: :::

:::::::::::::::::

Deposit items returned
::::::::: :::::::::::::::::

Percent charging 71:7 Average 9:64 1. NSF|Not sucient funds. .. .Data are insucient to 2. Checks written against in- report. sucient funds but honored by the institution.
::: :::

Retail Fees and Services of Depository Institutions

179

D.5.1. Automated teller machines in Alabama, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 57:7 4:8
:::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

4:8
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

4:8
::: :0 :::

::: :::

::::::::::::

:::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

90:1 1:04 72:1
:::

::: :::

:::

::: :::

::::::::::::

:::

80:4
:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

180

Annual Report to the Congress

D.5.2. Automated teller machines in Arkansas, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 62:1 5:1
:::

Savings associations 80:1
::: :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

2:5
::: :0 :::

::: :::

::::::::::::

:::

::: :::

::::::::::::

:::

2:5
:::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

74:8 1:19 62:2
:::

::: :::

:::

::: :::

::::::::::::

:::

72:7
:96

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

181

D.5.3. Automated teller machines in California, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 85:5 2:6
:::

Savings associations 70:2
:0 :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

2:2
:::

4:2
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

3:5
:::

10:1
:::

::::::::::::

:::

2:6
:::

10:1
:::

::::::::::::

:::

3:6
:::

10:1
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

47:3 1:09
::: :::

91:7 1:27 100:0
:::

:::

::::::::::::

:::

::::::::::::

44:3 1:07

86:1 1:20

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

182

Annual Report to the Congress

D.5.4. Automated teller machines in Colorado, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 83:5 62:0 10:90 7:6
:::

Savings associations 32:5
::: :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

7:7
:::

::: :::

::::::::::::

:::

7:7
:::

::: :::

::::::::::::

:::

7:7
:::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

84:5 1:03 59:3 1:25 62:5
:93

::: :::

:::

::: :::

::::::::::::

:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

183

D.5.5. Automated teller machines in Florida, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 90:9
:0 :::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

3:6
::: :0 :::

::: :::

::::::::::::

:::

::: :::

::::::::::::

:::

15:8
:::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

97:4 1:05 96:0
:::

::: :::

:::

::: :::

::::::::::::

:::

::::::::::::

89:0 1:00

::: :::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

184

Annual Report to the Congress

D.5.6. Automated teller machines in Georgia, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 92:6 1:9
:::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

7:4
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

73:7 1:68 84:0 1:40 66:9 1:07

::: :::

:::

::: :::

::::::::::::

:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

185

D.5.7. Automated teller machines in Iowa, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 85:6 32:7 9:26 27:2
:::

Savings associations 87:6
::: :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

37:8
::: :0 :::

::: :::

::::::::::::

:::

::: :::

::::::::::::

:::

12:1
:::

::: :::

::::::::::::

Fee for transactions on others
:::

64:6
:80

::: :::

::::::::::::

:::

43:6
:88

::: :::

::::::::::::

:::

30:9
:62

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

186

Annual Report to the Congress

D.5.8. Automated teller machines in Illinois, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 68:9 8:7
:::

Savings associations 81:8 11:8
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

13:5
:::

9:9
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

3:6
::: :5 :::

16:2
:::

::::::::::::

:::

12:1
:::

::::::::::::

:::

2:1
:::

13:2
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

82:1 1:04 76:3 1:04 78:6
:99

90:6
:98

:::

58:0
:87

::::::::::::

:::

84:3
:92

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

187

D.5.9. Automated teller machines in Indiana, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 96:4
:0 :::

Savings associations 85:3
:0 :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

:0 :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 :::

34:4
:::

::::::::::::

:::

:0 :::

17:2
:::

::::::::::::

:::

:0 :::

34:4
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

97:0 1:06 94:5 1:11 89:5 1:09

68:1
::: ::: :::

:::

::::::::::::

:::

68:1
:::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

188

Annual Report to the Congress

D.5.10. Automated teller machines in Kansas, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 11:4
::: :::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

::: :::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: ::: ::: ::: ::: ::::::::::::

:::

::: :::

::: :::

::::::::::::

:::

::: :::

::: :::

::::::::::::

Fee for transactions on others
::: ::: ::: ::: ::: ::::::::::::

:::

::: :::

::: :::

::::::::::::

:::

::: :::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

189

D.5.11. Automated teller machines in Kentucky, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 100:0
:0 :::

Savings associations 50:0
::: :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

2:9
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
:::

97:1
:92 ::: :::

::: :::

::::::::::::

:::

::: :::

::::::::::::

:::

68:6
:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

190

Annual Report to the Congress

D.5.12. Automated teller machines in Louisiana, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 61:3 13:1
:::

Savings associations 46:2 16:4
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

13:1
:::

:0 :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: :0 ::: ::::::::::::

:::

:0 :::

:0 :::

::::::::::::

:::

4:4
:::

:0 :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

81:0 1:29 43:7
:::

59:1
::: ::: :::

:::

::::::::::::

:::

::::::::::::

72:3 1:12

59:1
:::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

191

D.5.13. Automated teller machines in Massachusetts, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 100:0 15:8
:::

Savings associations 85:0 9:6
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

28:4
:::

5:7
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 :::

7:5
:::

::::::::::::

:::

:0 :::

5:5
:::

::::::::::::

:::

12:6
:::

7:5
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

84:1 1:04 44:0
:::

85:2
:88

:::

72:3
:95

::::::::::::

:::

76:4
:95

71:7
:99

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

192

Annual Report to the Congress

D.5.14. Automated teller machines in Minnesota, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 48:6 14:3
:::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

15:1
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

84:9 1:00 62:9
:::

::: :::

:::

::: :::

::::::::::::

:::

72:5
:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

193

D.5.15. Automated teller machines in Missouri, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 79:8 15:8
:::

Savings associations 48:8
::: :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

15:8
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

100:0 1:16 94:6 1:13 78:9 1:11

::: :::

:::

::: :::

::::::::::::

:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

194

Annual Report to the Congress

D.5.16. Automated teller machines in Mississippi, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 61:4
:0 :::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

100:0 1:07
::: :::

::: :::

:::

::: :::

::::::::::::

:::

::::::::::::

100:0 1:07

::: :::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

195

D.5.17. Automated teller machines in Montana, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 71:9 19:2
:::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

100:0 1:12
::: :::

::: :::

:::

::: :::

::::::::::::

:::

::::::::::::

71:6 1:11

::: :::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

196

Annual Report to the Congress

D.5.18. Automated teller machines in Nebraska, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 81:1 12:1
:::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

25:0
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

11:3
:::

::: :::

::::::::::::

:::

11:3
:::

::: :::

::::::::::::

:::

11:3
:::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

74:3 1:28 73:6 1:25 68:9 1:26

::: :::

:::

::: :::

::::::::::::

:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

197

D.5.19. Automated teller machines in New Jersey, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 83:4 17:6
:::

Savings associations 84:1 6:2
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

13:0
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

10:6
::: :0 :::

:0 :::

::::::::::::

:::

:0 :::

::::::::::::

:::

5:4
:::

:0 :::

::::::::::::

Fee for transactions on others
:::

94:8
:85

55:8
:::

::::::::::::

:::

87:7
:::

84:8
:::

::::::::::::

:::

77:1
:::

55:8
:::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

198

Annual Report to the Congress

D.5.20. Automated teller machines in New York, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 63:1 11:4
:::

Savings associations 97:0 8:7
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

2:6
:::

:0 :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 :::

12:9
::: :0 :::

::::::::::::

:::

4:0
:::

::::::::::::

:::

1:3
:::

12:9
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

88:3 1:08 55:4
:86

71:5
:93

:::

59:4
:::

::::::::::::

:::

85:3
:85

58:0
:84

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

199

D.5.21. Automated teller machines in Ohio, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 71:2
:0 :::

Savings associations 80:1 3:5
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

:0 :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

19:6
::: :0 :::

15:0
:::

::::::::::::

:::

16:7
:::

::::::::::::

:::

4:7
:::

16:4
:::

::::::::::::

Fee for transactions on others
:::

92:4
:88

89:4
:91

::::::::::::

:::

31:9
:96

69:4
:::

::::::::::::

:::

::::::::::::

49:1 1:22

84:5
:81

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

200

Annual Report to the Congress

D.5.22. Automated teller machines in Oklahoma, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 72:4 42:0
:::

Savings associations 68:3
::: :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

2:4
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

71:8 1:00 75:2 1:00 71:8
:99

::: :::

:::

::: :::

::::::::::::

:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

201

D.5.23. Automated teller machines in Pennsylvania, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 93:6 28:8 14:69 6:8
:::

Savings associations 47:1 35:8
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

10:7
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: :0 ::: ::::::::::::

:::

:0 :::

:0 :::

::::::::::::

:::

:0 :::

:0 :::

::::::::::::

Fee for transactions on others
:::

57:5
:98

73:4
:70

::::::::::::

:::

::::::::::::

48:4 1:10 39:8 1:03

52:8
:::

:::

52:8
:::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

202

Annual Report to the Congress

D.5.24. Automated teller machines in Tennessee, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 64:2 4:9
:::

Savings associations 71:2
::: :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

91:3 1:03 91:8
:::

::: :::

:::

::: :::

::::::::::::

:::

::::::::::::

72:3 1:00

::: :::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

203

D.5.25. Automated teller machines in Texas, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 63:3 6:4
:::

Savings associations 80:9 8:6
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

11:4
:::

24:3
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

1:3
:::

16:4
:::

::::::::::::

:::

1:3
:::

16:4
:::

::::::::::::

:::

7:2
:::

16:4
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

85:3 1:02 59:5
:95

83:6
:97

:::

82:0
:97

::::::::::::

:::

73:9
:97

67:1
:97

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

204

Annual Report to the Congress

D.5.26. Automated teller machines in Virginia, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 78:7
:0 :::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

5:4
::: :0 :::

::: :::

::::::::::::

:::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
::: ::::::::::::

78:9 1:31
::: :::

::: :::

:::

::: :::

::::::::::::

:::

::::::::::::

78:9 1:31

::: :::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

205

D.5.27. Automated teller machines in Washington state, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 100:0
:0 :::

Savings associations 87:6
:0 :::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

:0 :::

:0 :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 :::

16:4
:::

::::::::::::

:::

:0 :::

16:4
:::

::::::::::::

:::

:0 :::

16:4
:::

::::::::::::

Fee for transactions on others
:::

59:8
:74 ::: :::

::::::::::::

85:9 1:20 80:4
:::

:::

::::::::::::

:::

46:4
:::

::::::::::::

83:6 1:20

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

206

Annual Report to the Congress

D.5.28. Automated teller machines in Wisconsin, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 67:0 24:8 10:60 24:1 7:52

Savings associations 75:6 22:6
:::

:::::

:::::::::::::

Card fee

Percent charging Average

:::::

13:0
:::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
:::

12:7
:::

12:7
::: :0 :::

::::::::::::

:::

29:0
:::

::::::::::::

:::

11:9
:::

12:7
:::

::::::::::::

Fee for transactions on others
::: ::::::::::::

76:3 1:24 24:9
:::

70:7
:::

:::

58:0
:::

::::::::::::

:::

36:4
:89

51:7
:::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.

Retail Fees and Services of Depository Institutions

207

D.5.29. Automated teller machines in West Virginia, 1996 Percent o ering Annual fee
Percent charging Average Service availability and fee averages
Dollars except as noted

:::

Banks 100:0 44:2
:::

Savings associations
:::

:::::

::: :::

:::::::::::::

Card fee

Percent charging Average

:::::

12:4
:::

::: :::

:::::::::::::

Fee for transactions on us
Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average Withdrawals Percent charging Average Deposits Percent charging Average Balance inquiries Percent charging Average
::: :0 ::: ::: ::: ::::::::::::

:::

:0 :::

::: :::

::::::::::::

:::

:0 :::

::: :::

::::::::::::

Fee for transactions on others
:::

54:8
:::

::: :::

::::::::::::

:::

38:5
:::

::: :::

::::::::::::

:::

54:8
:::

::: :::

::::::::::::

Note. Transactions in which the machine used is that of the customer's institution are called \on us."

. . . Data are insucient to report.