Based upon what I've seen so far, this is the program that is being set up by the government:
Free, Government-Provided Checking Accounts
- No fee to set up
- No monthly fee to maintain
- No fees to withdraw money from any source (in-network ATM, out-of-network ATM, out-of-network bank, etc.)
- No overdraft fees
- No fees charged by retailers for bad checks
- No criminal/civil penalties for writing of bad checks
Did I hit all the points?